Small businesses have a lot to consider when it comes to how their customers pay them: from Apple and Samsung pay to mobile wallets; from online to mobile; from EMV to contactless; and now, from payment by social media to payment by text — it seems there are more options coming all the time. For the moment, however, let’s narrow the focus to the rest of 2017 and into 2018. What can small businesses and merchants expect when it comes to how they get paid?
The payments industry is an ever-changing environment, so we at Sage Payment Solutions are constantly talking to businesses and shoppers to stay on top of the latest trends. We recently surveyed 1,110 U.S. business decision makers and 1,062 U.S. consumers. Following are three key trends we expect to see play out this year and into the next. Some of our findings were very different from what we expected. (Download Sage’s exclusive 2017 Payments Landscape Report for the full story.)
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