Millennials Lead in Business Expense Reimbursements

Millennials lead in receiving instant business expense reimbursements, driven by the adoption of digital payments. Baby boomers and low-income consumers are the least likely to receive such disbursements. The surge in business travel has contributed to the rise in reimbursements, with instant payments being the most popular. However, concerns about payment security and sharing payment credentials persist, prompting businesses to proactively promote instant payment options.