How Instant Busts The Myth Of Float
Nov 25, 2019 ·
20m 37s
![How Instant Busts The Myth Of Float](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/d7beaeaeea32f765b122fc9b53bb58bd.jpg)
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Description
Float - the time between when a payor pays out funds and a payee has them finally deposited in their account - has often been used as an argument aggainst...
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Float - the time between when a payor pays out funds and a payee has them finally deposited in their account - has often been used as an argument aggainst adopting instant payments. Luckily, Ingo Money CEO noted, it is an idea that is finally dying out - and players across verticals are realizing the flexibility and control of instant outweighs any mythical advantages conveyed by float.
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Author | PYMNTS.com |
Organization | PYMNTS.com |
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