Overview
Debit cards are well positioned to solve critical small business payment issues.
Debit cards configured to meet the requirements of small business activities can solve cash flow management problems, employee reimbursement hassles, and the threat of employee theft. Providers of prepaid debit cards are filling the gap with sophisticated solutions not found from more traditional financial institutions. This is an area of opportunity for banks and credit unions, which can increase their debit transaction volumes by offering better payment tools.
Book a Meeting with the Author
Related content
Cash Isn’t Dead: How ATMs Are Evolving to Secure a Digital Payments Future
Cash may no longer be the center of consumer payments, but it is far from irrelevant. As digital payments gain share, consumers still depend on cash for access, certainty, budgetin...
Beyond The Card: Preparing for the A2A Economy
Account-to-account payments will grow in importance, but they are unlikely to displace cards as the dominant retail payment method in the U.S. because consumers remain attached to ...
Debit Network Control: The Battleground Is No Longer Just Rates
Debit networks are being reshaped by regulation, shifting transaction mix toward e-commerce and digital wallets, and increased competition extending into card-not-present environme...
Make informed decisions in a digital financial world