The purpose of the presentation will be to share information on what small businesses (SMBs) should know about payment acceptance and the evolving payments trends that are creating more opportunities for SMBs to grow and manage their business.
For the first part of the presentation, we’ll discuss what SMBs should consider as they navigate the proliferation of payments options and how to assess what the right payment option is. We’ll also touch on new, overarching payments trends that impact SMBs, such as the growth in financial technology providers offering comprehensive marketplaces and the rise of embedded solutions that span “grow your business” and “manage your business” concepts.
We’ll finish the presentation off by drilling down into some key payments options and what advantages they may provide for SMBs, including omnichannel, alternative payments methods, working capital and embedded finance.
Outcomes:
- Understand current payments trends and how SMBs can capitalize on the innovation occurring in the industry to best benefit their business management & growth
- Insight into different payments components, including omnichannel, APMs, working capital and embedded finance
- Information on what factors to consider when evaluating a payments strategy
Co-sponsorship Authorization# 23-1-C. The SBA’s participation in this cosponsored activity is not an endorsement of the views, opinions, products or services of any cosponsor or other person or entity. All SBA programs and services are extended to the public on a nondiscriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least 2 weeks in advance of this event; please send an email with the subject header ACCOMMODATION REQUEST to reasonableaccommodation@sba.gov.
