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The Instant Payments Digital Divide: Why Some Small Businesses Thrive and Others Struggle

Summary by PYMNTS.com

Small -to medium-sized businesses (SMBs) rely on instant payments to improve cash flow, yet their adoption remains far from universal. Industries with strong digital momentum, such as gaming and the gig economy, are leading the charge, while others reliant on legacy systems face persistent hurdles. PYMNTS Intelligence research shows that the share of SMBs receiving ad hoc payments via instant methods surged from 20% in 2023 to 32% in 2024. Howev…

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northants-chamber.co.uk

Inconsistent Payments and the Impact on Small Businesses | Northamptonshire Chamber of Commerce

One of the biggest challenges small businesses face is inconsistent payments. For us, being paid on time and according to agreed invoice terms isn’t just about numbers – it’s about sustaining our business, paying salaries, covering essential overheads, and reinvesting in our team’s growth and development. Late payments don’t just delay transactions, they create ripples that can deeply affect small businesses: Cash Flow Strain: Small businesses …

3 days ago

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