Trucking Firms Turn to Instant Payments to Keep Freight and Drivers Moving

Money Mobility Tracker® - All Systems Go: Instant Payments in Trucking and Transportation

Instant payments are gaining traction in the transportation sector, but most driver disbursements still lag behind. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, examines how instant pay is becoming essential to supply chain stability, vendor trust and driver retention—and what it takes to operationalize speed at scale.

Inside the June/July Tracker
  • The ability to make “ad hoc,” or nonrecurring, payments instantly is becoming an increasingly crucial tool for cultivating strong relationships in the trucking and transportation industry.
  • In trucking and transportation, speed is everything—at least for fuel providers. While nearly all senders say those payments must be made instantly, fewer than half show the same urgency when it comes to paying drivers.
  • Payers are underestimating truckers’ strong demand for instant payment options. While many payers view these transactions as a nice-to-have, they are, in fact, a deciding factor for many truckers when choosing which payer to drive for.

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    Money Mobility

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    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