Micro Businesses news and trends

Micro-Businesses’ Major Role In SMB Banking Disruption
B2B Payments // June 20, 2018

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. Small businesses are widely dissatisfied with their experience at large financial institutions, according to a...

ezyCollect Targets Micro Firms With Unpaid Invoice Services
B2B Payments // July 25, 2017

Small business accounting platform MYOB is helping some clients chase down unpaid invoices through a new partnership with ezyCollect. The companies revealed their collaboration Monday (July 24), announcing plans for MYOB Essentials to offer ezyCollect services to users. “Small business owners are busy and stressed...

PayFacs Are The New ISOs
Digital Payments // July 13, 2017

­­­­­­­­­Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and didn’t always come out the other end with a merchant account. To expand and scale the business, acquirers realized that...

Micro-Firms To Play Key Role In P2P Lending Growth
B2B Payments // August 02, 2016

Small businesses will be crucial to the expansion of the P2P lending market across the globe, analysts from Technavio said. New data from Technavio research released on Monday (Aug. 1) said micro, small and medium-sized enterprise (MSME) lending will help fuel growth in the global...

Interviews & Exclusives
PayFacs Are The New ISOs

July 13, 2017
­­­­­­­­­Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and didn’t always come out the other end with a merchant account. To expand and scale the business, acquirers realized that they needed more feet on the street and invited a […]

Quick Reads
Visa Foundation Pledges $210M For COVID-19-Stricken Businesses

April 06, 2020
The Visa Foundation announced that it is pledging $210 million to fund two different programs that will support small and micro enterprises that have been financially disrupted due to the coronavirus pandemic. Money from the Visa Foundation will offer capital to non-government organizations (NGOs) and investment partners that assist small and micro-businesses.  The first program […]