Visa® recently commissioned Forrester Consulting to conduct “The Total Economic ImpactTM of Real-Time¹ Funds Disbursements vs. Traditional Methods,” a study² that examines the effects of real-time¹ funds disbursements on businesses

Forrester Consulting logo with a registered trademark.

Faster payments are reshaping the financial landscape

The increase in person-to-person (P2P) payments has created an expectation for faster payments

According to the Forrester Consulting study survey, 77% of respondents believe that faster payments are an important element of a disbursement strategy.

Read the full study

Bar chart showing the most common use cases for faster payments. See use cases image description.

Most common use cases for faster payments³

  • Payments to end customers/consumers — 70%
  • Payments to business partners — 65%
  • Earned wage access/payroll — 55%

Faster payments can be used for customer, business and employee disbursements

66% of surveyed businesses believe that a real-time¹ funds disbursements program will give them an advantage over their competition. And a vast majority believe they will fall behind their competition if they don't implement a faster payment strategy for payments to end customers/consumers and business partners, or earned wage access to payroll.

Read the full study

Financial benefits bar chart. See financial benefits image description.

Companies see financial benefits by implementing faster payment solutions, including:

  • Monetized fee revenue⁴
  • Cost savings from reduction in check volume
  • Avoided check reissuance costs
  • Productivity lift for payment related resources

Faster payments can help improve operational efficiencies

According to the study’s financial analysis, both composite organizations would reduce operational costs by adopting real-time¹ funds disbursements. In addition, the composite organization that charges a 1% service fee would generate additional revenue, resulting in a combined benefit of up to $5 million over three years.

Read the full study

A real-time¹ funds disbursement program could pay for itself

Regardless of whether or not an organization charged a service fee, they could quickly see a return on their investment. The composite organization that absorbs the transaction fee could see a 256% ROI over three years, while the organization that charges a 1% service fee could see a 389% ROI.

Read the full study