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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.

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

Stax

ACH transfer is used for various purposes, such as payroll, paycheck direct deposits, recurring and one-time bill payments, Business-to-business (B2B) payments, direct deposit of tax refunds or government payments, Buy now pay later (BPNL), and person-to-person (P2P) payments such as PayPal , Cash App, Zelle, and Venmo.

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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.

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

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. The Bank App Feature 54.1 Percent Of Consumers Agree They Want.

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

PYMNTS

Financial concerns caused by the temporary closures of many businesses as well as rising health concerns are leading many to request funds they have been waiting for — including rebates, insurance claims or government payments — as quickly and as easily as possible.

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