Whether its receiving loans from their financial institutions (FIs), getting rebates from merchants or receiving on-demand payments, consumers want more options in how they receive their disbursements. A growing share now prefer push payments into their bank accounts, and more direct-to-bank payments, according to the...
Millions of Americans move each year, fueling an industry worth roughly $18 billion. Yet, haggling with movers over cash payments is still an all-too-common practice, says Alani Kuye, CEO of on-demand moving platform Phlatbed. In the new Disbursements Tracker, Kuye discusses how disbursements and digital...
Whether collecting fares as an Uber driver, an insurance claim as a homeowner or payment as a gig worker who just finished moving someone’s belongings, people want to get paid as quickly as possible. For these parties, the rise of disbursement solutions are enabling payments...
There are many reasons for consumers to have a love/hate relationship with businesses that send them checks. There’s the unpredictability of knowing when they might arrive, as well as knowing when one will have access to those funds once they’re deposited. Then, of course, depending on who...
There might be one word that consumers would use to describe the state of disbursements in early 2019: mediocre. Millennial consumers probably wouldn’t be so generous. The proof point is the latest Disbursements Satisfaction Index score, which puts disbursements at 56.5 on a scale of...
Everyone knows the ritual, one that combines solid numbers and a sense of hope: the reimbursement of mileage driven by workers in service of their employers. The task traditionally involves the official IRS mileage reimbursement rate (which, for 2019, stands at $0.58 per mile, up...
In a digital commerce ecosystem, two parties that have never met before must agree to transactions or assignments, deliver and receive products and, perhaps most importantly, ensure payments occur as quickly as possible. All of the steps in digital transactions require trust, which can be...
From Uber to Airbnb, the sharing economy opens many opportunities for consumers to monetize assets they own, but don’t always use — like those holes in the water called boats. In the new Disbursements Tracker, GetMyBoat COO Bryan Petro tells PYMNTS how speedier disbursement solutions...
Digital disbursement solutions have helped aid expansion of the sharing and gig economies. Now, these solutions are being put to use in other unexpected markets, including the now-legalized sports betting market, inside correctional facilities and on the high seas. The new “Disbursements Tracker™” looks at how...
