For the person on the receiving side of an instant payment, there isn’t a lot of selling that has to happen because the concept of getting one’s money faster more or less sells itself. That’s a story the numbers more or less tell over and over, Ingo Money CEO Drew Edwards told Karen Webster in the latest edition of the PYMNTS “How to Instant” podcast. Offer a customer a choice between a check and a digital payment, and they’ll pick the digital payment. And of the customers who choose digital, nine out of 10 will pick an instant payment if available.
Listen to the podcast at pymnts.com