The retail sector increasingly prefers real-time payments for their business-to-business (B2B) payments. Virtually all large firms in this sector used real-time payments at least once in the last year. Real-time payments have a robust growth outlook. Real-time payments already account for 17% of all B2B...
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65% for receiving them. PYMNTS’ latest study reveals that small manufacturers are leading the charge away...
Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of transactions, behind automated clearing house (ACH) and wire transfers. The forecast for growth in real-time...
Manufacturers increasingly prefer real-time payments for their business-to-business (B2B) payments. More than 99% of firms have opted for this instant and secure payment method for at least one B2B transaction in the last year. PYMNTS’ latest study shows that 59% of manufacturing firms plan to...
September 25, 2023
The allure of real-time payments is not lost on retail giants. Nearly all retailers generating $100 million or more in annual revenues have embraced real-time business-to-business (B2B) payments. Fifty-four percent plan to make more of these payments in the next year. These large retailers value more than just the speed of real-time B2B payments. Firms […]
September 20, 2023
The retail sector increasingly prefers real-time payments for their business-to-business (B2B) payments. Virtually all large firms in this sector used real-time payments at least once in the last year. Real-time...
August 24, 2023
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65%...
August 17, 2023
Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of...
