New Data: Instant Loan Payouts Rise Thanks to Growing Lender Adoption
Consumers want their money, and they want it now. More of them are turning to instant payments to receive their funds, and more lenders seem willing to offer instant payouts as well. PYMNTS Intelligence’s latest 22-page report, “Generation Instant: Leveraging Instant Pay to Streamline Borrowing Disbursements,” a collaboration with Ingo Payments, contains five charts revealing the opportunity lenders have to expand their consumer base and drive revenue growth.