Freelancers See Instant Payments as Financial Lifeline

Generation Instant: Freelancers Use Instant Payments to Reduce Financial Hardship

Life as a freelancer is not easy, with late payments often leading to financial strain. PYMNTS Intelligence’s latest 22-page report, “Generation Instant: How Freelancers Use Instant Payments to Reduce Financial Hardship,” a collaboration with Ingo Payments, contains five charts of proprietary data exploring how and why freelancers rely so much on instant payments.

Inside the May Data Brief
  • 30%: Portion of freelancers who primarily use instant payments because the method helps with paying bills on time
  • 58%: Share of freelancers highly likely to pay a fee to receive disbursements of $1,000 or more instantly
  • 29%: Portion of freelancers highly likely to pay a fee to receive disbursements less than $100 instantly

    First Name*

    Last Name*

    Title*

    Company*

    Country*

    Work Email*

    BY COMPLETING THIS FORM, I HAVE READ AND ACKNOWLEDGED THE TERMS AND CONDITIONS.

    Instant Payments Report

    Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles
    How Instant Ad Hoc Payment Costs Impact Small SMBs
    Meeting the Demand for Instant Ad Hoc Payments
    Measuring Consumers’ Growing Interest in Instant Payouts - March 2024
    How Instant Ad Hoc Payments Drive SMB Success
    Generation Instant: Renters and Refunds
    Generation Instant: Business Expense Reimbursements
    Streamlining Ad Hoc Payments With Instant Pay
    Measuring Consumer Satisfaction With Instant Payouts
    Generation Instant: Gaming and Winnings
    Generation Instant: Hospitality and Tips