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OverviewAPI
The PYMNTS Intelligence report reveals a notable surge in instant payouts, accounting for 32% of payments in January, fueled by the need for swift fund access. A substantial 77% of U.S. consumers favor instant payouts, with data security worries dropping by 17% from 2021. Millennials stand out as the most prominent adopters of instant payouts, with 37% swiftly receiving disbursements, outpacing other demographics.

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