Remove Maine Remove Marketing Remove Online
article thumbnail

New Main Street Business Plans Restart Optimism In Post-COVID Picture

PYMNTS

Optimism around new business is materializing on Main Street, among other places, with small and medium-sized businesses (SMBs) reopening. Twenty-five percent of Main Street SMBs now say they are operating with capacity restrictions, whereas 38.6 percent of SMBs now say they are closed because of the pandemic, compared to 33.9

Maine 227
article thumbnail

New Data: Inside Main Street SMB’s Digital Shift

PYMNTS

Businesses that did not have online shopping channels were unable to sell their products, and restaurants that did not offer online ordering for pickup or delivery could not serve their customers. In Main Street On Lockdown: Business Recovery edition, we surveyed 431 SMB owners from across the U.S. Our study finds that 33.4

Maine 182
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The State Of Main Street In 2020’s Second Half

PYMNTS

The first half of 2020 was a tough time to run a small business on Main Street as stay-at-home orders closed down restaurants and retailers for much or all of the past five months. That requirement of rapid change left many Main Street merchants deeply shaken and worried about their futures.

Maine 181
article thumbnail

Why JPMorgan Wants A Piece Of The SMB POS Market

PYMNTS

Morgan is focused on enabling payments for the millions of small businesses that are the lifeblood of Main Streets across the U.S. – Those latter two firms have been in the in-store POS market for quite some time (Square, for example, since 2009). percent/30 cents per chip/swiped transaction, and higher for online payments.

Marketing 306
article thumbnail

QR Codes Set To Move From Sideshow To The Main Payments Stage

PYMNTS

PayPal and Venmo users are using them to shop online or make P2P payments, and so bringing them in-store via a QR code was easy. And there will be workarounds for a few years, Huang predicted, as QR is for the first time really coming online in the U.S. market is bright, said Huang. and reaching toward its greater potential.

Maine 283
article thumbnail

How Big Tech And FinTech Are Trying to Save Main Street SMBs

PYMNTS

Most businesses have been hit hard by the global pandemic, but perhaps no segment has been more crippled or left with a future more uncertain than the Main Street local establishments that rely on daily sales for traffic. percent reporting they lean “much more” on online sales. That includes 34.8 Only a third of those polled (30.7

Maine 177
article thumbnail

Mastercard Says Odds Favor Instant Payments For Online Gamers And Gamblers

PYMNTS

Which is why Mastercard’s path in the digital gaming space is pointed directly forward, as it’s a big market that is getting bigger by the day. “We We estimate about $120 billion as the size of the overall market in the U.S.,” Hernandez said. “We And it’s a sound customer relationship strategy.

Online 276