Small Businesses Embrace Instant Payments: Benefits Beyond Speed

Small Business Real-time Payments Barometer: Instant Payments Across Four Sectors

Around 4 in 10 small businesses across sectors prefer instant when sending payments. And they cite several benefits beyond speed. PYMNTS Intelligence’s latest report, “Small Business Real-Time Payments Barometer: Instant Payments Across Four Sectors,” a collaboration with The Clearing House, explores what payment providers need to know to become market leaders.

Inside the August Data Brief
  • 83%: Share of hospitality SMBs that used instant payments in the last year
  • 28%: Share of healthcare SMBs that identify speed as the top reason to use instant payments
  • 48%: Share of transportation SMBs that use instant payments as their primary payment method

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    Small Business Real-Time Payments

    Small Business Real-time Payments Barometer: Hospitality Edition
    Small Business Real-Time Payments Barometer: Transportation Edition
    Small Business Real-Time Payments Barometer: Restaurant Edition
    Small Business Real-Time Payments Barometer: Healthcare Edition