SMBs

Small and Medium businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation.

1 in 3 Shoppers Wants to Buy Local Products
1 in 3 Shoppers Wants to Buy Local Products
June 18, 2024  |  Consumer Insights

As retailers look to win customers’ loyalty, PYMNTS Intelligence research finds that buying local goods is a top-of-mind concern for a significant share of consumers....

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Kapitus Raises $45 Million to Expand Small Business Financing Options
Kapitus Raises $45 Million to Expand Small Business Financing Options
June 18, 2024  |  Investments

Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. The company...

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Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
June 18, 2024  |  Banking

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers,...

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Small Business Fleets Like Sending Instant Payments
Small Business Fleets Like Sending Instant Payments
June 14, 2024  |  Real-Time Payments

Small- to medium-sized businesses (SMBs) in the transportation sector use instant payments more widely than other payment options. PYMNTS Intelligence finds that in the last...

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AI, Virtual Cards, Embedded Lending Define This Week in B2B
AI, Virtual Cards, Embedded Lending Define This Week in B2B
June 13, 2024  |  B2B Payments

B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their...

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Visa Relaunches SavingsEdge Discount Program for Small Businesses
Visa Relaunches SavingsEdge Discount Program for Small Businesses
June 13, 2024  |  VISA

Visa has relaunched its SavingsEdge program, aimed at helping small businesses. “For more than a decade, Visa SavingsEdge has provided eligible small business cardholders with...

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Worldwide, Large Retailers Deliver More Digital Features Than Their Smaller Rivals
Worldwide, Large Retailers Deliver More Digital Features Than Their Smaller Rivals
June 12, 2024  |  Retail

According to PYMNTS Intelligence, 70% of U.S. consumers are more satisfied when shopping with large merchants than they are when patronizing small and medium-sized businesses...

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61% of Small Businesses Use AI to Automate Daily Tasks
61% of Small Businesses Use AI to Automate Daily Tasks
June 12, 2024  |  artificial intelligence

PYMNTS Intelligence’s recently-released “New Report: SMBs Race to Critical Mass on AI Usage found there is a sharp divide in how small and medium-sized businesses...

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Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
Small Merchants Struggle to Provide Delivery Affordable Enough for Consumers
June 12, 2024  |  Delivery

With the high labor costs of delivery, smaller merchants are struggling to find ways to compete on convenience without excessively compromising their margins and without...

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