Consumers Chose Instant for 75% of Life Insurance Payouts in 2022
While 2022 was something of a banner year in that $1.37 trillion in insurance claim payouts were sent, and $277 billion — or 20% — went via instant payment rails, the most since 2018, there’s more in store when we break down data on consumer payout preferences. The “Insurance Disbursements Brief,” a PYMNTS and Ingo Money collaboration […]
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