2022 Small Business PaymentsInsights: Small Business Trends in Payments
- Date:December 19, 2022
- Ben Danner
- Research Topic(s):
- Small Business PaymentsInsights
- PAID CONTENT
Ongoing shifts in digitalization and payments technology are driving changes in consumer behavior that are ultimately affecting the way small businesses accept and process payments as well as steer their operations. Advances in technology and lending has enabled in-store, online, and omnichannel merchants' access to new customer segments and provided seamless, unified payments experiences.
The report is based on a representative sample of 2,051 Small Businesses with 2021 annual revenue between $100K and $10 million. The online panel survey covered all aspects of the small business payment acceptance and B2B payments. Participants were a nationally representative sample of American Small Businesses as defined above. The survey was fielded between September 30 and October 20, 2022.
Highlights of this research report include:
- Payment Acceptance Services
- channel types
- POS providers
- choosing service providers
- switching service providers
- provider pricing terms
- Card Payment Processing
- mobile card readers
- contactless cards
- Business Operations
- cash flow
- credit lines
- alternative lenders
Interested In This Report
2022 Small Business PaymentsInsights: Exhibit
Mercator Advisory Group’s most recent report from its annual PaymentsInsights series, examines all aspects of the small business experience, including the management of business op...
2021 Small Business PaymentsInsights: Consumer Purchasing Options
Mercator Advisory Group’s latest survey shows that small businesses continue to maintain flexibility in their payment acceptance practices. In fact, listening to consumer demands f...
2021 Small Business PaymentsInsights: Payment Acceptance Support Services
Mercator Advisory Group's 2021 Small Business PaymentsInsights annual analysis report takes a closer look at small businesses in this time of "build back" from the economic crisis ...