real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll
All Else Equal, 75% of Millennials Would Favor Jobs Offering Instant Payroll
July 13, 2023  |  Digital Payments

Payroll is one of the most critical functions of any workplace, ensuring that employees are paid on time and in the correct amounts. Delaying these...

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FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
July 11, 2023  |  Real-Time Payments

Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use...

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‘Intelligent Automation’ Helps Insurers Streamline Auto Claims Payouts
‘Intelligent Automation’ Helps Insurers Streamline Auto Claims Payouts
July 07, 2023  |  Disbursements

In the auto claims industry, the payments tech stack is complex, and the total cost of ownership is expensive. As Michael Boeke, vice president of payments...

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BP Joins the Race to Create and Scale a Digital Fleet Payments Ecosystem
BP Joins the Race to Create and Scale a Digital Fleet Payments Ecosystem
July 06, 2023  |  Digital Payments

Fuel is at the center of the ecosystems that are changing fleet management, and by extension, logistics. In just one of the latest examples, BP began its digital...

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Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
Only 17% of Small Firms Are Reaping Benefits of Automating Accounts Receivables
July 06, 2023  |  Accounts Receivable

Accounts receivable (AR) automation is transforming corporate finance operations by providing enhanced efficiency, speed and accuracy in payments handling. However, the adoption of AR automation...

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YowPay Launches Instant SEPA Credit Transfer Solution for European Merchants
YowPay Launches Instant SEPA Credit Transfer Solution for European Merchants
July 05, 2023  |  Payment Methods

YowPay has launched a Single Euro Payments Area (SEPA) credit transfer solution for merchants across the eurozone. The software provider’s solution streamlines the payments process for...

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PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
PYMNTS Intelligence: Technology Is Yielding Better Working Capital Results
July 05, 2023  |  Spend Management

Businesses have turned to a number of potential solutions to address cash flow. In the United States, 60% of small to midsized businesses (SMBs) in...

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From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
From Portugal to the Philippines, Real-Time Payments Increase Their Global Footprint
July 05, 2023  |  Real-Time Payments

Real-time payments have gained significant traction worldwide, revolutionizing how consumers and businesses conduct financial transactions. Many countries have successfully implemented real-time payment systems to enhance...

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84% of Real Estate Firms Would Replace Checks With Real-Time Payments
84% of Real Estate Firms Would Replace Checks With Real-Time Payments
June 29, 2023  |  Real-Time Payments

Major real estate firms are just about ready to replace time-consuming, old-fashioned methods of sending and receiving money with real-time payments. For PYMNTS’ study “Corporate...

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