Hey developers, here are the key takeaways from Rapyd’s latest report that you need to know:
Key Points for Developers:
- Payment Delays: 73% of businesses in high-opportunity industries face delays of 2-15 days, which impacts cash flow.
- Priority on Speed & Convenience: 38% of businesses prioritize fast and easy transfers. This is crucial for maintaining smooth operations.
- Real-Time Payments (RTP): There’s a growing shift towards RTP for faster settlements and improved cash flow. Consider integrating RTP solutions to enhance payment processes.
- AI in Fraud Prevention: AI is increasingly used to combat sophisticated fraud tactics. Implementing AI can help ensure secure and efficient transactions.
Download the full report:
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