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Square Challenges PayPal With New SMB Payment Tool

PYMNTS

The new payment tool was designed for small businesses looking to move from brick-and-mortar to eCommerce, the news service reported. As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online.

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Cash App Drives Square Strong Q2 Results

PYMNTS

In May, PYMNTS reported Square launched an alternative to PayPal with a new payment tool designed for small businesses looking to move from brick-and-mortar to eCommerce. As COVID-19 has forced shutdowns and social distancing, web sales have been on the rise, and many entrepreneurs are moving their business models online.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

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Why It’s So Hard To Kill The Check In The Booze Business

PYMNTS

Ninety-six percent of SMBs in the United States already saw negative financial effects one month into these shutdowns, according to one recent study. Convenience-hungry consumers may be more concerned about speed over security when they make payments, but for businesses looking to pay their suppliers, it is the other way around.

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How The Corporate Card Recharted Its Adoption Course

PYMNTS

Amid shutdowns and travel restrictions, a dramatic decline in business trips had some in the industry wondering what the future of card spend would look like. After all, the corporate card is traditionally the payment method of choice for traveling employees, yet it had historically lacked a presence in the accounts payable (AP) department.