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From social media and ridesharing to Amazon Prime, we know that today’s culture is increasingly “on-demand." This culture has conveniences many of us enjoy, including the ability to immediately queue up a movie on Netflix or get groceries delivered with the click of a button. But, as those on-demand expectations spill into payments, it’s important that businesses (and governments) meet them for immediate payment of insurance claims, healthcare claims, government aid, tax refunds, gig economy workers and more.
Faster payments enable businesses to deposit funds in near real-time. This results in quicker access for consumers and improved cash-flow for businesses. They also:
The right faster payments partner can empower businesses to disburse money in near real-time to nearly all U.S. debit or reloadable prepaid cards, enabling them to grow while increasing customer satisfaction.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Jamel Derdour CMO at Transact365 - www.transact365.io
10 February
Ben O'Brien Managing Director at Jaywing
07 February
Steve Ponting Director at Software AG
Alex Kreger Founder & CEO at UXDA
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