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Mastercard Adds Another Digital Tool For SMBs

PYMNTS

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital.

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Deloitte: Credit card companies should go beyond cash back perks

Bank Innovation

According to a Deloitte survey, discounts and cash back aren’t enough to maintain credit card customer loyalty, and providers need to look to more holistic personal financial management tools as differentiators. credit card consumers would be willing […].

Cards 186
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Mastercard Survey Links Commercial Cards To Savings

PYMNTS

A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Use of a commercial card program to manage employee travel expenses, however, reduces these operational costs and is linked to add-on benefits like travel insurance and rewards.

Survey 101
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Asia Corporates Replacing ACH With Cards, Citi Finds

PYMNTS

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found. Reports in The Asset on Thursday (Oct. Reports in The Asset on Thursday (Oct.

Cards 199
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Deep Dive: How Prepaid Cards Support Faster, More Accessible Employee Compensation

PYMNTS

Employees’ payment preferences and access to financial tools can vary, however. . Such factors could drive companies worldwide to seek the utility and flexibility of delivering payroll via prepaid cards, and this month’s Deep Dive examines companies’ growing interest in these tools. . One survey found that 6.5

Cards 197
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Survey: Quarter Of Americans Open To Banking With Big Tech

PYMNTS

A PYMNTS survey of 3,000 U.S. consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking. Such an app could potentially involve as much as $2 trillion in card spending. .

Survey 183
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Deep Dive: How Consumers’ Perspectives On Payment Tools And Financial Wellness Are Shifting During The Pandemic

PYMNTS

The pandemic has upended many consumers’ financial lives and typical purchasing behaviors, leading them to reconsider their go-to payment tools. Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets.

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