PYMNTS-MonitorEdge-May-2024

real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

Real-Time Payments Set to Soar in US With Cloud Solutions
Real-Time Payments Set to Soar in US With Cloud Solutions
May 03, 2024  |  Real-Time Payments

Real-time payments continue their rapid expansion worldwide, bolstered by widespread support from banks, corporations and governments alike. This edition of the “Real-Time Payments World Map”...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
May 02, 2024  |  Real-Time Payments

Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as...

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Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
Nearly One-Third of Healthcare Providers Are Waiting for $100K+ in B2B Payments
May 01, 2024  |  Healthcare

Late business-to-business (B2B) payments aren’t just a headache for the people in the accounts receivable (AR) department; for some businesses, past due payments can mean the difference...

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58% of Freelance and Contract Workers Would Pay to Get Paid Faster
58% of Freelance and Contract Workers Would Pay to Get Paid Faster
May 01, 2024  |  Disbursements

Nearly three-quarters of consumers want their disbursements paid to them instantly, but only one-third actually receive them instantly. Whether they are getting earnings, income payments,...

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Online Gaming and Instant Payments Drive Entertainment’s Digital Adventure 
Online Gaming and Instant Payments Drive Entertainment’s Digital Adventure 
April 30, 2024  |  Digital Payments

In line with the digital transformation sweeping across industries, Six Flags has embarked on a digital transformation initiative aimed at redefining the guest experience in theme...

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Real-Time Payments Help Cure Small Business Healthcare Provider Finances
Real-Time Payments Help Cure Small Business Healthcare Provider Finances
April 25, 2024  |  Real-Time Payments

Small to mid-sized businesses (SMBs) in the healthcare provider segment now use real-time payments more widely than other payment rails. PYMNTS Intelligence finds that in...

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Razorpay and Airtel Payments Bank Partner on UPI Infrastructure
Razorpay and Airtel Payments Bank Partner on UPI Infrastructure
April 24, 2024  |  Partnerships

Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles...

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76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
April 24, 2024  |  Real-Time Payments

Winning can provide an instant rush — and although 8 in 10 gamers prefer immediate access to their winnings, less than half of gamers now have...

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