Consumers Want to Shop Small This Holiday Season. Ensure You Don't Miss Out - Deepstash
Onboarding Matters

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Onboarding Matters

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Supporting small businesses

Supporting small businesses

A survey from Wells Fargo shows that 74% of consumers are willing to spend more to shop at small businesses. Reasons include better customer service, finding unique items, and supporting their communities.

However, businesses need to be equipped to support that demand, since there is a growing number of customers that won't purchase if a business doesn't offer a contactless payment method.

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Creating a competitive edge

Small businesses should focus on technologies that can provide an automated clearing house (ACH), real-time payments, commercial cards, and so on.

Digital payables and receivables are likely to be permanent, and companies that accelerate adoption are likely to have a competitive advantage.

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