Overview
“The capabilities of mass pay providers solve payment issues for several different markets, but the primary driver is the growth and globalization of what is referred to as the “gig economy” in which contingent or freelance workers are compensated by multiple companies,” comments Sarah Grotta, Director, Debit Advisory Service at Mercator Advisory Group and author of the research note.
This research note has 11 pages and 3 exhibits.
Companies mentioned in this research note include: Airbnb, Amazon, Blackhawk Network, Dwolla, Etsy, Google, Handy, HyperWallet, iStock, Lyft, MasterCard, Payoneer, PayPal, Task Rabbit, Tipalti, Uber, and Visa.
One of the exhibits included in this report:
Highlights of this research note include:
- Mass pay benefits and the issues it solves for businesses
- Estimating the addressable market
- Indicators suggesting a broad and growing need for this payment type
- Review of a selection of U.S.-based providers of mass pay platforms and solutions
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