Remove Governance Remove Government Payments Remove Tax Refunds
article thumbnail

Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. government departments. Government Agencies.

article thumbnail

ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

-sanctioned countries Security Features Highly secure with financial industry standards, encryption, and strict protocols Enhanced security with proof of identity required Best for Recurring bills, payroll, government transactions, B2B payments High-value transactions, urgent payments, international transfers What is ACH (Automated Clearing House)?

article thumbnail

REPORT: Adoption Of Instant Payments For Disbursements Has Quadrupled In Three Years

PYMNTS

percent of consumers receiving government payments, such as tax refunds, want to receive instant disbursements — but only 24.7 PYMNTS surveyed more than 5,000 U.S. The answers to these questions and more were different, depending on who was asked. The research shows that 37.4 percent actually do.

article thumbnail

Tr?v: Why Insurers Still Cling To The Paper Check

PYMNTS

The global spread of the new coronavirus has had a wide and varied impact on the way that both consumers and businesses think about transacting with each other as well as government or financial entities. Fraudsters are moving in to take advantage of tax confusion and consumer stress, however. Around The Disbursements World.

Checks 71
article thumbnail

Wells Fargo Fallout, New Amazon Payments Top Week’s News

PYMNTS

government. Why State And Local Governments Struggle To Shred The Paper Check. Instant payments are lauded for their convenience, ease and most importantly, for their speed. Ex-Wells CEO Fined, Banned From Banking For Life. He will also have to pay $17.5 OCC Prepares Civil Suit Against Former Wells Fargo Executives.