The U.S. labor force has changed dramatically in recent years, with larger numbers of independent contractors and temporary workers than ever before. Today, more than one in three Americans are part of the so-called “gig” economy,1 and this growing workforce expects to be paid when the job is done, rather than weeks, or even days, down the road. In response to this growing demand First Data (NYSE: FDC), a global leader in commerce-enabling technology, today announced the availability of its “Disburse-to-Debit” solution, a new, low-cost payout option for businesses that delivers funds directly to a debit card.
Source: First Data Introduces Disburse-to-Debit Solution for Real Time Payments | Business Wire