Global B2B Payments

Report: Lyft Uses Same-Day Pay, Free Bank Accounts To Build Driver Loyalty Twenty percent of Lyft's drivers in the U.S. logged more miles during the pandemic to make ends meet and instant payout of fares was critical in helping them pay their bills. In the Global B2B Payments Playbook, a PYMNTS and Worldpay collaboration, Lyft’s Kaushik Subramanian explains how, when it comes to cementing driver loyalty, little perks can go a long way.
Inside the August Playbook
  • An interview with Kaushik Subramanian, vice president of payments at San Francisco-based ridesharing platform Lyft, on how the company transitioned from using a weekly payroll to providing its drivers with instant pay on demand
  • The latest headlines from the space, including a new solution from SWIFT that allows FIs to verify recipients’ account information before payments are made and a study showing that 69 percent of B2B buyers want their business partners to offer new ways to access products and services
  • A Deep Dive examining how BaaS is becoming a crucial part of banking in the consumer space and how the B2B sector is beginning to recognize the advantages of such a flexible approach to payments and innovations

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