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.

Construction and Utility Businesses Use Credit Twice as Much as Hospitality
Construction and Utility Businesses Use Credit Twice as Much as Hospitality
August 23, 2023  |  SMBs

Slow payments are a perennial problem for the construction industry. PYMNTS research found that delayed transactions (those in which firms wait more than 90 days to receive...

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Cost of Payments Acceptance Is Top of Mind for Merchants
Cost of Payments Acceptance Is Top of Mind for Merchants
August 23, 2023  |  Digital Payments

Merchants have much on their minds when they interact with Link Money, CEO Eric Shoykhet told PYMNTS. “Cost of payments acceptance — that’s the main focus,” he said....

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Main Street Hospitality SMBs Most Optimistic About the Economy
Main Street Hospitality SMBs Most Optimistic About the Economy
August 23, 2023  |  SMBs

Across the United States, ongoing fears that the economy may still be running too hot remain elevated, with most Main Street small- to medium-sized businesses...

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Peloton Becomes Official Fitness Partner of University of Michigan Athletics
Peloton Becomes Official Fitness Partner of University of Michigan Athletics
August 22, 2023  |  Partnerships

Peloton announced on Tuesday (Aug. 22) a partnership with the University of Michigan to support the fitness of students, athletes and alumni. The partnership, facilitated...

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JPMorgan Debuts Tap to Pay for Merchant Clients
JPMorgan Debuts Tap to Pay for Merchant Clients
August 22, 2023  |  Digital Payments

J.P. Morgan Payments has debuted a contactless payment solution for its merchant clients. The new Tap to Pay offering lets merchants accept payments using their iPhones, without the...

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Bilflo and Top Echelon Partner on Solution for HR Professionals
Bilflo and Top Echelon Partner on Solution for HR Professionals
August 21, 2023  |  Partnerships

Bilflo and Top Echelon Software have partnered to provide a comprehensive solution for staffing agencies and human resources (HR) professionals. The collaboration aims to help these businesses improve contractor management,...

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Five Star Bank Teams With Autobooks to Offer Tap to Pay
Five Star Bank Teams With Autobooks to Offer Tap to Pay
August 21, 2023  |  Consumer Payments

Five Star Bank has begun offering contactless payments acceptance to its small business customers. The new offering, announced Monday (Aug. 21), is part of an expansion of...

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38% of Small Businesses Turn To Personal Funding Sources in Revenue Crunch
38% of Small Businesses Turn To Personal Funding Sources in Revenue Crunch
August 21, 2023  |  Commercial Payments

Three-quarters of Main Street businesses say they would close within 60 days of a cash crunch.  Consumer spending may be up, but so are prices, forcing consumers to...

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DBS Bank, Infor Nexus Launch Pre-Shipment Financing Solution
DBS Bank, Infor Nexus Launch Pre-Shipment Financing Solution
August 18, 2023  |  SMBs

Supply chain network Infor Nexus and DBS Bank have joined forces to launch a new pre-shipment financing solution for small- to medium-sized businesses (SMBs) in...

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