Business Expense Reimbursements

Instant Reimbursements for Employee Expenses Rise 15% in 2023 Who has time to wait? Nobody. That’s why more and more employees want instant payments for their business expense reimbursements and why employers are ditching checks for a faster way to pay, PYMNTS Intelligence’s latest study of 2,606 consumers, “Generation Instant: Business Expense Reimbursements,” a collaboration with Ingo Money, finds.

Inside the December Data Brief

4%: Portion of millennials who received business expense reimbursements in the last year
14%: Share of consumers who have received their business expense reimbursements via non-instant digital payments most often
43%: Share of consumers who have received their business expense reimbursements via instant digital payments most often