Small Business Owners Not Ready To Accept Contactless Payments

Newtek Business Services, Inc.has announced the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,000 respondents, the key finding from the October survey is 82% of business owners do not currently have a POS terminal or method of taking credit and debit cards ready to accept near field communication (NFC) contactless payments, such as Apple Pay. Additionally, 93% of business owners are not planning on upgrading their existing terminals to be able to accept contactless NFC payment options. Read more...

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