NEW DATA: Three-Quarters of Mass Payment Recipients Would Pay to Have Choice in How They Receive Funds
Only 58 million mass payment recipients in the United States actually have a choice in how they get paid, even though 74 percent said they’d be willing to pay a fee for the chance to do so. The Mass Payments Report, a PYMNTS and
Tango Card collaboration, examines this untapped opportunity and why digital wallets and direct deposit stand out above the rest.