PYMNTS

JANUARY 24, 2020

A few federal government agencies have already found instant or digital disbursements to be simple and efficient in practice, as well as theory. states are currently searching for ways to untangle those complications, and upgrade their electronic disbursement and payment tools. Forty-four out of the 50 U.S.

Instant Payments 52

Instant Payments Governance Government Direct Deposit 52

PYMNTS

OCTOBER 30, 2020

Using the RTP network can be simpler and more compelling for some types of businesses, such as those already accustomed to delivering payroll via ACH direct deposit.

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

PYMNTS

JUNE 21, 2018

Meanwhile, 85 percent of respondents want to be certain their funds are safe and secure, and 47 percent want a choice in where funds are deposited. As for the method of disbursement, direct deposit maintains its crown as the most popular. percent , the highest among all payment types.

Electronic Funds Transfer (EFT) 55

Electronic Funds Transfer (EFT) Direct Deposit Consumer Instant Payments 55

PYMNTS

APRIL 5, 2018

For many, though, the hard part comes after their taxes are filed and they are forced to play the waiting game, even if they opt to get refunds with direct deposit. The tax preparation industry is catching on, however, and several players — like H&R Block — are now offering instant payment solutions.

Payments Tools 40

Payments Tools Tax Refunds Direct Deposit Blocks 40

PYMNTS

JANUARY 23, 2020

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. We issue checks when a citizen doesn’t designate direct deposit and provide account information.

Checks 52

Checks Governance Government Tax Refunds 52

PYMNTS

JUNE 2, 2020

Teladoc recently reported some initial struggles in sending out disbursements to the doctors signed up for its platforms, noting issues in receiving the direct deposit information of those physicians, for example. Machine learning, however, can help facilitate near-instant payments to doctors, according to Toy.

IRS 82

IRS Checks Instant Payments Direct Deposit 82

PYMNTS

APRIL 9, 2020

The need for faster disbursements during this time could thus have a dramatic effect on the rate of digital and mobile payment tool uptake. Even direct deposit has problems as a nationwide disbursement method, as government officials have found, and they will likely need to continue to explore alternative disbursement options.

Checks 71

Checks Online and Mobile Banking Direct Deposit Scams 71