Ad Hoc Payments Represent One in Every Four Vendor Payables

Streamlining Ad Hoc Payments With Instant Pay

Non-recurring or ad hoc payments represent 24% of a firm’s total AP volume, and a point of payables friction for most corporates given the size and method of payment (hint, paper) according to a new PYMNTS Intelligence report, “Streamlining Ad Hoc Payments With Instant Pay,” a collaboration with Ingo Money, of 200 enterprise senders. Sixty percent of senders say they see value in making those payments both digital and much faster than today.

Inside the November Report
  • 63%: Share of senders sending tip payouts to employees that already pay fees to make these payouts instantly
  • 80%: Share of senders that think receivers are satisfied with their current ad hoc solutions
  • 31%: Share of senders that expect improved customer/supplier satisfaction would be the chief benefit of adding new ad hoc payment solutions

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    Instant Payments Report

    How Instant Ad Hoc Payments Benefit Digital-First SMBs
    How Instant Pay Is Becoming the Standard for Ad Hoc Payments
    Meeting Consumers’ Urgent Need for Funds with Instant Payments
    Generation Instant: Growing Use of Instant Pay for Insurance Disbursements
    Generation Instant: Leveraging Instant Pay to Streamline Borrowing Disbursements
    Generation Instant: How Instant Payments Help Consumers Receive Overpayment Disbursements Faster
    Generation Instant: Freelancers Use Instant Payments to Reduce Financial Hardship
    Generation Instant: How Truckers Use Instant Payments to Support Their Lifestyles
    How Instant Ad Hoc Payment Costs Impact Small SMBs
    Meeting the Demand for Instant Ad Hoc Payments
    Measuring Consumers’ Growing Interest in Instant Payouts - March 2024
    How Instant Ad Hoc Payments Drive SMB Success
    Generation Instant: Renters and Refunds
    Generation Instant: Business Expense Reimbursements
    Measuring Consumer Satisfaction With Instant Payouts
    Generation Instant: Gaming and Winnings
    Generation Instant: Hospitality and Tips