Payments News

On The Web

nbsp; nbsp;

Users

For Small-Business Owners, a Shifting Landscape of Resources

“Small businesses across the country have been pounded by the pandemic. Entrepreneurs have been forced to make drastic cuts and pivot to new business models to keep going. Financial aid, though, is what has kept the lights on. But today, many sources, including private foundations and the federal government, that once offered loans and grants […]
nbsp;

Global

Hoping to be LatAm’s Top Digital Bank for SMBs, Xepelin Launches a Lending and Revenue Management Service

“There’s another entrant in the startup race to provide financial services to Latin America’s small and medium-sized businesses. Financial services have been a huge opportunity for startups coming out of Brazil, Colombia and Mexico in recent years, and now Xepelin , a new company from Chile, is looking to join the fray.”
nbsp; nbsp;

Users

Kabbage Launches Custom Loans for Small Business

“Kabbage Inc., a provider of cash-flow solutions to small business, announced the launch of a custom loans program for Kabbage Payments customers. The program allows small businesses to get anywhere from a three-day to 45-day loan that they may repay in full or allocate 100% of Kabbage Pay revenue toward the balance.  Custom loans have a […]

On The Wires

nbsp;

Systems

Veem Releases New Product Package – Veem Local – Now Offering Free Domestic Payments for Small Businesses

“Veem , a leading provider of online payment solutions, today announced the launch of Veem Local — a new product package offering that provides a no-fee domestic payment product, including ACH and check payment options for small businesses. As many SMBs continue to face economic stress and uncertainty, the company’s latest offering aims to give […]
nbsp;

Companies

Visa’s Mission to Digitally Enable Small Businesses Gains Momentum Across Europe

“Visa (NYSE: V) today announced more than 100 partners across Europe have joined the Where You Shop Matters initiative to help small business owners build digital capabilities and continue serving their communities. More than two million small firms across Europe have received support since the launch of the program in summer 2020. The announcement marks a major […]
nbsp; nbsp;

Companies

Is Your Business Ready for the Digital Future? Mastercard Launches Small Business Digital Readiness Diagnostic to Help Businesses Go Digital

“As small businesses accelerate digital transformation efforts in response to the pandemic, today Mastercard is announcing the U.S. launch of the Small Business Digital Readiness Diagnostic , a free online tool to help entrepreneurs future-proof their businesses for a digital world. The new Diagnostic tool is an expansion of Mastercard’s Digital Doors curriculum, which helps […]
nbsp;