PYMNTS.com April 25, 2024
Small to mid-sized businesses (SMBs) in the healthcare provider segment now use real-time payments more widely than other payment rails. PYMNTS Intelligence finds that in the last year, 83% of businesses surveyed either sent or received real-time payments and 57% used real-time rails in both directions.
Moreover, 38% of healthcare provider SMBs identify a real-time payment rail as their most used form of payment. This is more than twice the share that said credit cards or checks were their top method. This usage highlighting a definite preference for instant settlement in the healthcare space.
These are just some of the findings detailed in “Small Business Real-Time Payments Barometer: Healthcare Edition,” a PYMNTS Intelligence and The Clearing House collaboration. This edition...
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