Instant Reimbursements for Employee Expenses Rise 15% in 2023

Generation Instant: Business Expense Reimbursements

Who has time to wait? Nobody. That’s why more and more employees want instant payments for their business expense reimbursements and why employers are ditching checks for a faster way to pay, PYMNTS Intelligence’s latest study of 2,606 consumers, “Generation Instant: Business Expense Reimbursements,” a collaboration with Ingo Money, finds.

Inside the December Data Brief
  • 4%: Portion of millennials who received business expense reimbursements in the last year
  • 14%: Share of consumers who have received their business expense reimbursements via non-instant digital payments most often
  • 43%: Share of consumers who have received their business expense reimbursements via instant digital payments most often

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