The Digital Transformation Of Main Street SMBs

Two-Thirds Of Main Street SMBs Got 2021 Sales Lift From Digital Payment Innovations How did Main Street SMBs get through the last 18 months? With a heaping portion of digital payments innovation. The Digital Transformation Of Main Street SMBs report shows how 67 percent of the establishments that line the main streets and side streets of the local economy used digital and touchless payments innovation to get them through 2020, and expect to meet or exceed 2019 sales in 2021.
Inside the August Study
  • 78 percent: Share of Main Street SMBs in rural areas that still believe their local communities are far from returning to normal
  • 73 percent: Portion of Main Street SMBs that believe their businesses must be able to run at full capacity before their communities can return to normal
  • 41 percent: Share of Main Street SMBs that are struggling with increases in supplier or provider prices due to the pandemic