PYMNTS-MonitorEdge-May-2024

mPOS Providers Cater To SMBs Amid Contactless Payments Surge

mPOS Providers Cater To SMBs With Contactless

Mobile point-of-sale (mPOS) providers are catering to the needs of small and medium-sized businesses (SMBs) as the use of contactless payments heats up around the world. Last week, the jobs report beat analyst expectations and demonstrated a solid rebound from an unusually weak February. In hospitality, instant staffing platform Jitjatjo is tackling chronic churn in the industry. And CVS Pharmacy is offering a faster and expanded delivery option for medications and other products. All this, Today In Data.

Data: 

196,000: Number of positions added to the U.S. economy in March.

6,000: Number of CVS Pharmacy stores that now offer quicker and expanded delivery.

93 percent: Share of Chinese tourists who would spend more in a store that accepted mobile payments.

73 percent: Rate of annual restaurant worker turnover.

33 percent: Share of Croatian businesses that accept contactless payments via mobile phone.

PYMNTS-MonitorEdge-May-2024