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Deep Dive: Instant Payments Confront Long Path To Ubiquity

PYMNTS

Business-to-consumer (B2C) industries are just beginning to see use cases for these payments and do not appear to be innovating fast enough, as 93 percent of customers recently surveyed by PYMNTS said that payment speed does not quite meet their standards. The staying power of checks and cash. percent wanted to receive those such payouts.

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Mastercard Send Debuts In The UK With Real-Time Payments To Bank Accounts

PYMNTS

The firms said that only a very small number of accounts in the U.K. based customer for the service will be Income Group, which is a payroll-focused payment provider concentrated on paying employees in real time. less than 0.1 The first U.K.-based

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Visa On Tap To Pay, Cash Displacement And B2B Payments

PYMNTS

B2C, he noted, is $30 trillion, with opportunities in insurance payouts, on-demand payroll, and gig economy payroll and spending. Of that tally, $120 trillion is B2B, which he said “includes spending that can be addressed through card-based solutions, accounts receivables and payables flows, as well as cross border.”

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OrderGroove Funds Frictionless Commerce With $20M Series C

PYMNTS

Looking at the geographic concentration of activity, the US was the most active region, with 47 percent of activity, followed by China at 41 percent. The B2C industry is going through that exact same transformation now.”. Rounding out the triumvirate of tripe digit deals, Route 66 Ventures invested $130 million in Sunlight Financial.

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