From cross-border payments to crypto payments, this MVP Technology Framework evaluates the payment tech solutions small businesses are using to develop and scale their services globally.
Small to medium-sized businesses (SMBs) are going digital. Almost 1 in 5 SMB owners say they’re planning to adopt a fully digital business model, according to PYMNTS.
To be successful, they need digital payment solutions that enable them to build, scale, and expand across the world.
Given the size of this opportunity, leaders like Mastercard and Visa are expanding into SMB payments globally. Leading banks like US Bancorp are also experimenting with payment solutions like spend management for SMBs.
Additionally, payment industry leaders are formulating their build, buy, partner strategy with companies in this space to address the challenges faced by SMBs today, including fraud risk reduction and integrated payment products.
This report evaluates 8 SMB payment tech markets that payment leaders should monitor, vet, and prioritize.
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