7 In 10 SMBs Choose Instant Ad-Hoc Payments To Help Manage Their Cash Flows

How Instant Ad Hoc Payments Drive SMB Success

Receiving ad hoc payments via instant rails provides small to mid-sized businesses (SMBs) with timely access to the funds they need to stay competitive so much so that some SMBs will pay for the privilege, finds PYMNTS Intelligence’s latest study of 394 SMB receivers, “How Instant Ad Hoc Payments Drive SMB Success,” a collaboration with Ingo Money.

Inside the December Study
  • 43%: Share of SMBs citing improved cash flow management as the most important reason they choose instant payments
  • 32%: Share of SMBs that primarily use manual procedures to process ad hoc payments
  • 66%: Portion of SMB receivers willing to continue to do business with a company that offers free instant payments

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