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Freelancer Payments Turn Traditional Payroll On Its Head

PYMNTS

Today, nearly half of gig workers surveyed for the most recent PYMNTS.com Gig Economy Index say they use a digital marketplace to find work, handle payments and manage other key components of freelancing, like taxes. That figure could rise to 50 percent, it estimates, by 2027. working population. It’s not a U.S.-only ”

Payments 178
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

More states require greater disclosure and control over what banks and card processors can charge. Non-sufficient funds (NSF) fees and credit card late fees are also under pressure and are expected to be curtailed. Real-time Payments (RTP) and FedNow are expected to exceed 13B payments annually by 2027.