A Deep Dive into the Retail Industry
Enterprise Retail Warms to Real-Time Payments for Vendors
Well, here’s news. Real time payments are growing in popularity with enterprise retail to make payouts quick, easy and irreversible to vendors and delivery drivers, according to PYMNTS Intelligence’s latest study of 125 payments execs at enterprise retailers. Read more in “Corporate Changes in Payment Practices: A Deep Dive Into the Retail Industry,” a PYMNTS Intelligence and The Clearing House collaboration.
Inside the September Report
- 17%: Share of B2B payments retail companies made using real-time payments
- 79%: Portion of retailers citing payment speed as a reason they plan to make more real-time B2B payments
- 18%: Share of retailers currently enhancing their real-time payments capabilities