The Quest for Speed: Fulfilling the Demand for Faster Payment Options
61% of Millennials Want Real-Time Payments — the Challenge Is Acceptance
Four out of five Americans are interested in faster options to pay businesses for goods and services — an interest that is likely to grow, says Senior Vice President Peter Davey of The Clearing House, especially as the trend toward self-checkout rises. Read more in the “Real-Time Payments Tracker®,” a collaboration with The Clearing House.
Inside the March Tracker
- Peter Davey, senior vice president and head of the Innovation Lab at The Clearing House, details the pros and cons of faster payment systems.
- Insurance providers sent 20% of all payouts through instant payment systems last year.
- PYMNTS explores how organizations can deliver real-time payments in C2B and B2B transactions and the benefits of deploying this payment option.