Consumer demand for faster and more convenient payment options is on the rise. Buyers expect immediate gratification through seamless digital transactions. Traditional payment methods, like cards, checks and manual ACH files, are no longer in the best interest of the consumer or business.
Instant payments aim to bridge this gap by providing a seamless connection between digital transactions and the actual movement of funds.
Instant Payments with Dwolla clear and settle almost immediately. They dramatically improve cash flow by providing near-immediate access to funds, unlike traditional payment methods that may take days to settle. This eliminates delays, allowing businesses to use funds immediately for payroll, expenses or reinvestment.
Instant payments can also streamline operations by reducing the need for manual payment reconciliation, thanks to the extensive remittance data accompanying each transaction. Their 24/7/365 availability increases convenience and flexibility for businesses.
