Delayed invoice payments are the bane of businesses everywhere, but for freelancers and small businesses, the sting from these late payments can be especially crippling to their cash flow. The November edition of PYMNTS’ “B2B and Digital Payments Tracker” found that cash flow challenges impact...
Fiserv will allow merchants to tap into increased demand for contactless transactions. The payments company announced in a Monday (April 24) news release it has integrated its Clover point-of-sale (POS) tool with Apple’s Tap to Pay on iPhone. “Small businesses want to streamline their operations,...
Small business banking platform Lili has added accounting software to its toolkit. The new product — dubbed “Lili Smart” — makes Lili the nation’s first super app for banking, the company said in a news release Tuesday (April 18). “Banking and accounting are part of...
PYMNTS research reveals most small hospitality firms don’t have cash reserves to fall back on. By the Numbers Research from the latest edition of PYMNTS’ Main Street Health study, “Main Street Health Q1 2023: Using Finance to Ease Recession Fears,” created in collaboration with Enigma, which...
Change is hard, especially when it comes to making money. However, the main method small- to medium-sized businesses (SMBs) have so far been using to fight off inflation, increased prices, may not be viable for much longer, if it currently is at all. Consumers’ budgets may simply...
Even as the economic outlook of small and medium-sized businesses (SMBs) has improved somewhat, 59% still believe we will go through a recession in the next year, and many are concerned that they don’t have the cash reserves to carry them through it. According to...
Commerce solutions provider Square has unveiled nearly 100 features to help its business customers grow. The new features, announced Wednesday (April 12), offer sellers a way to enhance their revenue at a time when small and-medium-sized businesses (SMBs) are feeling pinched. “Square has more than...
America’s small business owners are feeling fairly pessimistic about the future. The latest edition of the National Federation of Independent Businesses (NFIB) Small Business Optimism Index fell last month to 90.1, the agency announced Tuesday (April 11), as business owners contended with inflation, trouble borrowing,...
Main Street USA is operating on the edge, and most are concerned about the impacts of inflation and the uncertain economic forecast. Most small to midsized businesses (SMBs) that line Main Streets across the country have access to enough cash reserves to stay open...
