The Benefits of Real-Time Payments for SMBs

Real-Time Payments Offer Small Businesses Stability Amid Cash Flow Struggles 

The Benefits of Real-Time Payments for SMBs

With 9 in 10 SMBs receiving late payments and half now considered financially unhealthy, it’s not surprising that half are also eager to adopt real-time payments to improve their cash flow. In the “Real-Time Payments Tracker®,” a collaboration with The Clearing House, PYMNTS explains the connection between real-time payments and SMB financial resiliency.

Inside the June/July Tracker

  • Customers of retailers with real-time payment capabilities are likelier to have adopted loyalty programs or digital coupons.
  • Real-time payments can help SMBs improve their cash flow and promote customer loyalty for increased overall revenue.
  • Forty-one percent of businesses say the high cost of making payments has impeded their business.

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