Today In Data

Moving To Tomorrow’s Payments Practices, Today

Moving To Tomorrow’s Payments Practices, Today

There is often a gap in the world of payments and commerce between the things businesses are interested in pursuing and the things that are actually happening on the ground. Whether it’s moving funds faster, incorporating mobile better, finding digital solutions to replace physical processes or modernizing invoices from their paper-dependent state, firms don’t lack interest in tomorrow’s solutions. What they often need, however, is guidance in putting them into place today.

Data:

60 percent: Share of businesses that report being interested in real-time payments.

43.8 percent: Share of AP professionals that would like to implement real-time order matching.

33 percent: Share of firms that plan to adopt real-time payments.

20 percent: Share of U.S. banking branches expected to close by 2020.

11.1 percent: Share of firms that make payments via digital wallets.

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