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New Data: Inside Main Street SMB’s Digital Shift

PYMNTS

Businesses that did not have online shopping channels were unable to sell their products, and restaurants that did not offer online ordering for pickup or delivery could not serve their customers. In Main Street On Lockdown: Business Recovery edition, we surveyed 431 SMB owners from across the U.S. Our study finds that 33.4

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FinTechs Help Main Street Find Its Footing

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Department of Justice’s first case of alleged PPP fraud, small businesses quickly came to realize that government relief will not be the silver bullet they need to survive the market downturn. The consensus on Main Street, however, is that the old ways of doing business may be gone for good. The Road To Recovery.

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Why Main Street SMBs Are A Greenfield For InsurTech

PYMNTS

Insurance may not be the most flashy or exciting of industries, but its continued reliance on paper and inefficient underwriting processes makes the market a prime target for technology disruptors. ” Opportunity On Main Street. It’s no surprise, then, that the InsurTech arena has ballooned in recent years.

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QR Codes Set To Move From Sideshow To The Main Payments Stage

PYMNTS

PayPal and Venmo users are using them to shop online or make P2P payments, and so bringing them in-store via a QR code was easy. It takes some effort, but it will be much quicker than NFC , because that technology involves hardware changes that are difficult to put in place, adjust and upgrade. market is bright, said Huang.

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Bolstering The B2B Buyer's Online Experience

PYMNTS

Yet when market volatility reached an all-time high in the midst of the global pandemic, the process of calling up sales representatives to inquire about product availability became not just inefficient, but unsustainable. "But That will be the main feature, to cut down the costs and timeline of go-to-market," he said.

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Jumia expands in online Africa food delivery in quest for profit

Payments Source

Jumia Technologies is expanding in online food delivery as the pioneering Africa e-commerce business looks to grow beyond its main market of trading phones and electronics.

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NEW DATA: Two-Thirds Of Main Street SMBs Are Not Ready For The Post-Pandemic Restart

PYMNTS

Consumers living under stay-at-home orders are going online to manage their personal and professional lives. These are just a few of the questions we sought to answer in Main Street On Lockdown: Reinventing The Road To Recovery edition. . The COVID-19 pandemic has triggered a massive consumer migration to digital commerce.

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