PYMNTS-MonitorEdge-May-2024

Main Street SMBs

68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
68% of Main Street SMBs Leveraging Social Media See Increasing Revenues
May 01, 2024  |  SMBs

Since April 2021, most Main Street small to mid-sized businesses (SMBs) in the U.S. have been experiencing significant growth. In fact — according to PYMNTS...

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Main Street SMBs Tap Online Channels to Drive Business Growth
Main Street SMBs Tap Online Channels to Drive Business Growth
February 28, 2024  |  SMBs

The COVID-19 pandemic has accelerated the shift to an eCommerce economy, with historically high sales in 2020 and 2021. As a result, most Main Street...

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72% of Main Street SMBs Prioritize Ease of Use When Selecting Payment Processor
72% of Main Street SMBs Prioritize Ease of Use When Selecting Payment Processor
January 05, 2024  |  SMBs

Whether it’s a quaint local shop, a cozy diner, or a busy salon, payment processors form the backbone of financial operations for small- t0 medium-sized...

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eCommerce Fuels 2024 Optimism for Main Street Small Businesses
eCommerce Fuels 2024 Optimism for Main Street Small Businesses
December 20, 2023  |  SMBs

The COVID-19 pandemic accelerated the shift to an eCommerce economy, resulting in historically high sales in 2020 and 2021. Almost all small- to medium-sized businesses...

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59% of Small Businesses Would Switch to Cheaper Payment Processors
59% of Small Businesses Would Switch to Cheaper Payment Processors
September 29, 2023  |  SMBs

Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to...

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PMI Data Hints at Slowdown for Main Street Smaller Businesses
PMI Data Hints at Slowdown for Main Street Smaller Businesses
August 23, 2023  |  SMBs

Business is expanding, but at a torpid pace that signals some pressures for some of Main Street’s smaller firms. As detailed in the S&P Global Flash...

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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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Nearly Half of Main Street SMBs Shopping for More Credit
Nearly Half of Main Street SMBs Shopping for More Credit
June 27, 2023  |  SMBs

Main Street small to mid-sized businesses (SMBs) that have struggled to keep their doors open amid pandemic-related upheaval and survived are looking to solidify their...

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Main Street Retailers Rethink Their Inflation-Fighting Strategies 
Main Street Retailers Rethink Their Inflation-Fighting Strategies 
April 12, 2023  |  SMBs

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...

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