Small- to medium-sized businesses (SMBs) need to adopt the right technology to ensure efficient front-end checkout experiences and back-end processes.
Offering multiple payment options, including digital payments like mobile wallets and contactless payments, is crucial for SMBs to stay competitive and meet customer preferences.
Flexible payment solutions like buy now, pay later (BNPL) and operational automation can enhance customer satisfaction and streamline processes for SMBs during busy periods.
Understanding customer behavior through data-driven insights can help SMBs develop effective loyalty strategies and differentiate themselves in the market.