PYMNTS Intelligence and Visa Direct examine $1.35 trillion push for faster payouts
Updated
Updated · PYMNTS.com · Apr 29
PYMNTS Intelligence and Visa Direct examine $1.35 trillion push for faster payouts
1 articles · Updated · PYMNTS.com · Apr 29
A new joint report, 'The Power of Now: Moving Money at the Speed of Life,' analyzes payout speed across healthcare, insurance, and investment sectors.
The study finds many organizations still rely on slow payment methods like checks and ACH, creating a gap between consumer needs and delivery speed.
Real-time payouts are identified as a solution to this mismatch, highlighting the growing business importance of accelerating money movement for both companies and consumers.
With real-time payments promising instant cash, what hidden challenges are slowing their universal adoption in major industries?
As global payment systems fragment, how will cross-border instant transfers overcome regulatory and technological hurdles?
What will it really take for healthcare and insurance firms to leave legacy payment systems behind for real-time solutions?
Could the rapid adoption of instant payments create new fraud threats that outpace even the latest AI defenses?
How might the shift to real-time payouts reshape the future of small business cash flow and hiring?
If paper checks are so vulnerable, why do some organizations still rely on them despite the risks and costs?