Instant Payouts news and trends

Visa Direct to Enable Delivery of Money in US Within 1 Minute Starting in April
Faster Payments // December 12, 2024

Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. This capability will begin in April 2025, allowing consumers, businesses and governments to use Visa Direct to deposit money to bank accounts linked...

Worldpay Debuts Near-Instant Refund Tool for UK Shoppers
Faster Payments // November 27, 2024

Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to help close the gap between consumer expectations and merchant capabilities, the company said in a...

Most Gamers Prefer Instant Payouts but Only 49% Can Get Them
Real-Time Payments // November 13, 2024

The online gambling industry is booming, driven by the rise of digital poker, online casinos and fantasy sports betting, making it crucial for operators to enhance the user experience to retain players. A key area for improvement is the payout process, as traditional withdrawal systems...

Indeed Flex and Branch Team to Offer Temps Same-Day Pay
Faster Payments // September 30, 2024

Temporary staffing platform Indeed Flex launched a partnership with workforce payments company Branch. Via the collaboration, the companies are offering Same Day Pay, which lets Flex users get up to half their earnings within an hour after finishing a shift, according to a Monday (Sept....

Interviews & Exclusives
Most Gamers Prefer Instant Payouts but Only 49% Can Get Them

November 13, 2024
The online gambling industry is booming, driven by the rise of digital poker, online casinos and fantasy sports betting, making it crucial for operators to enhance the user experience to retain players. A key area for improvement is the payout process, as traditional withdrawal systems are often slow and frustrating, driving players to competitors. As […]

74% of Travelers View Digital Wallets as Essential Gear for Vacations

September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time...

68% of Businesses Plan to Add Instant Payments Within 2 Years

September 09, 2024
Instant payments have captivated businesses and consumers with the promise of a more agile financial ecosystem. Despite widespread enthusiasm, however, the transition from traditional payment methods to real-time systems like...

One Inc CEO Says Insurance Market Is Ripe for Embedded Payments

August 05, 2024
In the connected economy, there are simple business models (think subscriptions), complex business models (think platforms like Uber), and then there’s insurance. The insurance sector is so large and complicated...

Quick Reads
Visa Direct to Enable Delivery of Money in US Within 1 Minute Starting in April

December 12, 2024
Visa will begin enabling faster delivery of money with Visa Direct, making funds transferred to U.S. bank accounts available within one minute. This capability will begin in April 2025, allowing consumers, businesses and governments to use Visa Direct to deposit money to bank accounts linked to eligible debit cards in real time, the company said […]

Worldpay Debuts Near-Instant Refund Tool for UK Shoppers

November 27, 2024
Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to...

Indeed Flex and Branch Team to Offer Temps Same-Day Pay

September 30, 2024
Temporary staffing platform Indeed Flex launched a partnership with workforce payments company Branch. Via the collaboration, the companies are offering Same Day Pay, which lets Flex users get up to...

DailyPay to Expand Earned Wage Access Services to UK

September 23, 2024
DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside the United States, will initially...