As consumers grow accustomed to digital shopping and mobile ordering, slow transactions can make or break the customer experience. That’s why real-time payments and fund disbursements have become so important across industries.
The global value of real-time compensation is projected to reach $34.3 billion over the next five years, according to the latest Disbursements Tracker.
Additionally, nearly half (44 percent) of U.S. bills are still paid with cash or check despite the rise digital tools to facilitate payments. On the other hand, almost all (95 percent) of U.S. consumers can now access same-day ACH, so the technology is there. Read more…
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