Financial Need Accelerates Demand for Instant Payments

Money Mobility Tracker® - Instant Shift: How Choice, Certainty and Convenience Are Driving Demand for Instant Payments

As financial uncertainty strains household budgets, consumers are turning to instant payments not just for convenience but also to meet urgent financial needs. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explores how real-time access to funds is increasingly seen as essential for managing day-to-day expenses.

Inside the May Tracker
  • Consumers are increasingly interested in choosing instant disbursements over other payment options, even if they must pay for the choice.
  • Certainty of availability is a main driver of instant payments’ popularity, as quick access to money is essential when facing financial needs and constraints.
  • As instant payments become more prevalent, so does consumers’ interest in receiving them into their digital and mobile wallets, showcasing a growing preference for convenience.

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    Money Mobility

    Money Mobility Tracker® - Immediate Impact: How SMBs Can Benefit From Instant Payments
    Money Mobility Tracker® - Speed and Security: How Faster-Payments Providers Are Reducing Fraud Risks
    Money Mobility Tracker® - The Instant Remedy for Healthcare Payments’ Pain Points
    Money Mobility Tracker® - Checks at Risk: How Paper Payments Weaken Fraud Prevention
    Money Mobility Tracker® - Gigs and Games: How Instant Payments Are Gaining Ground for Ad Hoc Transactions
    Money Mobility Tracker® - Accelerating Aid: Digital Payouts for Government Disbursements
    Money Mobility Tracker® - Faster Funds: Enabling Instant Disbursements for Consumer Lending
    Money Mobility Tracker®: Digital Rebuild: Transforming Payments in the Construction Industry
    Money Mobility Tracker®: Pay Without Delay: How Faster Payroll Improves Employee-Employer Relationships
    Money Mobility Tracker®: Travel Tips: Instant Payments for Tips and Payouts in Travel and Hospitality
    Money Mobility Tracker®: Top of Wallet: Digital Wallets' Ascent for Payments - and More
    Money Mobility Tracker®: From Rent to Refunds: The Push for Faster Payments in Property Management
    Money Mobility Tracker®: Protecting Accelerated Disbursements From Fraud
    Money Mobility Tracker®: Payment Due: Billers’ Bid for Better Bill Pay
    Money Mobility Tracker®: Peer Pressure: Balancing Convenience With Compliance in P2P Payments
    Money Mobility Tracker®: Real Time Matters: The Imperative for Instant Disbursements for Insurance
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    Money Mobility Tracker®: Sure Bet: Accelerating Gambling Payouts Makes Everyone a Winner
    Money Mobility Tracker®: Under Construction: Improving Payments in the Construction Industry
    Money Mobility Tracker®: Fast-Lane Finance: Accelerating Payments in the Trucking Industry
    The Rise of Instant Payroll and Early-Access Compensation
    The Healthcare Industry Needs a Dose of Money Mobility
    Rising Demand Makes Faster Payments a Growing Necessity
    How Instant Disbursements Could Drive Lenders' Growth
    Inflation Makes Technology Table Stakes for Restaurants
    Money Mobility Helps Property Managers in a Difficult Economy
    Money Mobility Tracker®: Money Mobility Comes to the Insurance Industry
    Casinos, Gambling And Gaming Platforms Bet On Instant Payments
    The Rise Of Digital And Early Access Compensation
    Innovating The Future Of Government Disbursements
    How Seamless Fund Transfers Can Unlock $10 Trillion in Payments
    Money Mobility Tracker® - August 2022
    Money Mobility Tracker® - June/July 2022
    Money Mobility Tracker® - May 2022
    Money Mobility Tracker® - April 2022
    Money Mobility Tracker® - March 2022