SMB

VIDEO: What Percent of Small Businesses Use a Personal Credit Card?

– 36% of small businesses co-mingle personal funds with B2B purchases– The younger the business owner – the more likely to use a personal card– 49% of millennial business owners use personal cards– 31% of older business owners use personal cards for businessSmall businesses will use a personal credit card or charge card for tons […]

Read More

Small Merchants Are Generating Bigger Payment Volumes, Analysis Finds

Small merchants are generating more payment volume, and health-care providers handily outlive restaurants and bars in their relationships with merchant acquirers, according to a new analysis from The Strawhecker Group. Data from the Omaha, Neb.

Read More

SMBs Claim Control Over Finances With B2B Payments Innovation

There is a disconnect between the payment options businesses offer their customers and the options businesses use to pay each other. Between real-time payment options, one-click buy buttons and instant credit transfer schemes, consumers get the gold standard when it comes to payments solutions.

Read More

Discover Launches New Card for Small Businesses

Discover is adding to its suite of commercial card products. Its newest offering, the Discover It Business credit card, was announced in a press release Wednesday (Sept. 12). Discover is zeroing in on cash back rewards for its corporate customers, offering unlimited 1.

Read More

Banks Play Catch-up in Fintech for Small Business Clients

The digital divide between business and retail customers is starting to disappear. Mastercard on Monday announced a partnership with the fintech firm Strands to provide issuing banks with digital cash management and commercial payment tools specifically designed for their small- to midsize-business customers.

Read More

UK Banks Face Potential Exodus of SMB Clients Over Digital Payments

There’s good and bad news for UK banks in the 2018 FIS PACE study on SMB banking, which surveyed hundreds of small-to-midsized businesses (SMBs) throughout the country. The good: 7 out of 10 SMB clients are satisfied by their banks performance.

Read More

SLIDESHOW: Digitizing SMB Payments

Small and mid-size businesses (SMBs) are adapting to digital payments technology at slower speeds and for different reasons than larger enterprises. Cash and checks still account for almost half of all SMB payments, and SMBs have lagged behind other merchants in the U.S. shift to EMV technology.

Read More