People tend to gravitate toward what’s easy and familiar. Businesses typically do the same. This reality creates an uncomfortable truth for small- to medium-sized business (SMB): if it’s even slightly inconvenient to pay them, they might get paid last. In a business environment shaped by...
Small businesses are treating credit cards less like a backup and more like a flexible operating tool, and the way they use them is starting to look surprisingly consumer-like. That is the throughline of “SMB Growth Monitor: How Firms Use and Choose Credit Cards” a PYMNTS...
Watch more: What’s Next In Payments With Mastercard’s Mark Barnett Strategic narratives in payments can come with some loaded words. Artificial intelligence, institutional blockchain and real-time rails are routinely positioned as the decisive forces shaping the next cycle. Mark Barnett, global head of small and...
Small to mid-sized businesses (SMBs) are approaching a practical turning point in how they pay. Cash and checks still play an outsized role in day-to-day operations, especially for supplier and vendor payments, but the direction of travel is clear. Many SMBs want simpler, more modern...
Small businesses are not just borrowing to survive. They are using credit cards as operating systems, and they are willing to pay for features that make day-to-day cash flow easier to manage. “SMB Growth Monitor: Small Businesses, Big Credit Needs,” a PYMNTS Intelligence collaboration with i2c,...
Blockchain and decentralized finance company Wellspring has introduced a treasury management solution for small and medium-sized businesses (SMBs). Wellspring Institutional is designed to offer finance teams centralized cash visibility, integrated domestic and cross-border payments, as well as “the ability to generate yield on treasury balances...
Global business platform Square continues to expand its partner ecosystem and now has almost 1,000 partners in its Square App Marketplace and its Square Specialists directory, the company said in a Thursday (Feb. 19) press release. The company’s partners offer tools that sellers can access...
Payments platform Paysafe expanded its program that provides training and support to independent sellers who want to build a career in payments. The company’s U.S. Agent Recruitment Program is now accepting applications from early career professionals and community-connected sellers who can help small- to medium-sized...
Wayflyer secured a $250 million, two-year credit facility to support the continued growth of its working capital solution for small businesses that are often underserved by traditional banks. The company secured the credit facility with ATLAS SP Partners, a warehouse finance and securitized products business...