Are you experienced? How banks can win back the SMB economy
The message for the banks is clear. Don’t give up on merchant acquiring. Not only would this mean losing out on a growing market and denying valuable products and services to SMBs that badly need them, it would also be a move with existential implications for the banking sector and a green light to fintechs looking to expand their banking offer. Banks have an opportunity to not just drive down the cost of their acquiring business, but to use it to create a foundation for deepening relationships with SMBs.