BOSTON, December 28, 2021 / PRNewswire-PRWeb / – Mercator Advisory Group’s most recent small business survey report, 2021 Small Business PaymentsInsights: Consumer Purchasing Options, in its annual Small Business PaymentsInsights series, examines not only the specific sales channels that consumers use it to access the products and services of small businesses. , but also the types of payments accepted and the different types of short-term financing options available to consumers.
The report is based on an online survey of small businesses between June 9 and July 16, 2021, in 2,007 small American companies with a 2020 annual turnover of between $ 100,000 and 10 million dollars. The report also provides insight into the outlook for small businesses on various consumer buying options including BNPL, cryptocurrency, and essentials such as chargeback prevention tools that help small businesses thrive.
“It’s encouraging and exciting to see that most small businesses have such a positive outlook on alternative payment options, such as accepting cryptocurrency. As the payments industry continues to evolve with The growth of new technologies impacting the industry, it will be very interesting to see how consumers’ purchasing options evolve over time. ” – Amy Dunckelmann, Vice President, Research Operations, Mercator Advisory Group.
Highlights of the 2021 Small Business PaymentsInsights report: Consumer buying options:
- Sales channels
- Make a purchase
- Payment options
- BNPL – Short term financing
- Chargeback Prevention Tools
This report is 47 pages long and contains 32 exhibits.
Members of Mercator Advisory Group’s Small Business PaymentsInsights Survey Series service have access to this report as well as upcoming research for the coming year, presentations, analyst access, and other member benefits .
Please visit us online at http://www.mercatoradvisorygroup.com.
For more information and media inquiries, please call the Mercator Advisory Group main line: 1-781-419-1700, email [email protected]
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About the Mercator Consulting Group
Mercator Advisory Group is the leading independent research and advisory services firm focused exclusively on the payments and banking industries. We provide pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our customers range from the world’s largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online and banking payments news and information portal PaymentsJournal.com.
Karen Yetter, Mercator Advisory Group, 781-419-1700, [email protected]
SOURCE Mercator Advisory Group