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Blog Articles (page 79)

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Mar 18, 2020
7 Ways Your Lack of Payment Options Is Making You Lose Business

Would you rather have 97% of something or 100% of nothing? Though the numbers vary, this “would you rather” scenario is often presented to people who let greed, fear, or another counterproductive emotion get in the way of a win-win situation. If your business does not accept credit cards or you’ve told yourself that you’ll Read More...

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Mar 18, 2020
A New Payment Solution is Taking Over: 30% of Customers Prefer Paying with Phone Texts

What if we told you that there was now a way that customers could pay you instantly without needing to have a wallet, a credit card, or even be in your office? You might already be using text messages in your office to communicate with clients and remind them of appointments. Now, you can also Read More...

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Mar 18, 2020
7 Reasons Phone Text Payments are Trending Among Younger Customers Under 35

Millennials are the first generation to live in a digitized world during their formative years. Further, Generation Z has been digital since day one. Depending on your source, the lines that blur generations X, Y (millennials), and Z aren’t exact, but most agree that millennials are born between 1981 and 1996, and members of the Read More...

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Mar 18, 2020
The 3 Most Unaccepted Payment Types Causing Frustration at Brick and Mortar Stores

How many forms of payment do you accept? Are you taking the right ones? According to an independent market research study commissioned by Weave, only 16% of small businesses offer more than three forms of payment. Yet, this same study found that when companies give their customers more ways to pay, their revenue increased by Read More...

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Mar 18, 2020
10 Ways to Prepare Your Business for a Pandemic and How Technology Can Help

Our society is in the middle of a pandemic. It remains unclear what will unfold in the days to come, but many businesses are already shortening hours, canceling appointments, and sending their employees home to work. These temporary arrangements have already affected the stock market, millions of workers, and consumers everywhere. The technological sophistication of Read More...

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Mar 13, 2020
84% of Small Businesses Are Annoying Customers with Limited Payment Options

Have you ever thought about what annoys your customers most about your business? You might worry that they don’t like your on-hold music, or the paint color in your office doesn’t suit their taste. You might wonder if they think your parking lot is a nightmare to navigate, or the temperature in your office is Read More...

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Mar 13, 2020
4 Payment Options Proven to Increase Small Business Revenue by 29%

Before we launched a digital payment solution, we did a deep dive into the payment landscape, and what we found surprised us. Perhaps one of the most eye-opening stats we uncovered was this: small businesses that offer more payment options increased revenue by 29%. While we’re not saying that having more payment options was the Read More...

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Mar 12, 2020
Payment Options: Which 3 Are Most Customers Complaining about and Why?

According to a recent study, 41% of customers avoid certain stores and businesses that don’t accept their preferred payment type. Are you missing out on a wealth of customers because you’re not taking enough forms of payment? Even if you accept a variety of payments, you could still end up frustrating your customers. As you Read More...

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Mar 11, 2020
Why 64% of Non-Cash Carrying Customers are Taking Their Business Elsewhere

We had a theory, so we decided to test it. Our theory was that in today’s society, where convenience is prized, and everything is going digital, people want to have payment options that go beyond just cash. We wondered if not accepting multiple payment options could hinder a small business and prevent it from growing Read More...

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Mar 10, 2020
7 Reasons Why Good Reviews Are an Integral Part of a Small Business Marketing Strategy

Most small businesses today don’t have a well-defined marketing strategy. Because they’re generally dealing with the reality of geographic, financial, or staffing constraints, these businesses are content to use old-fashioned approaches to marketing: word-of-mouth recommendations, print advertisements, and mailers. What many of these businesses fail to realize is how marketing strategies have transformed in the Read More...

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Mar 10, 2020
5 Reasons Why Customers Love Paying with Plastic Cards and Mobile Devices

Although we commonly associate money with banknotes and coins, this form of currency is increasingly becoming a thing of the past. As the 21st century progresses, cash and check payments are gradually disappearing from the marketplace. Transactions done through debit cards, credit cards, and digital wallets are the new normal. This change in how we Read More...

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Mar 6, 2020
Clueless About Your Credit Card Processing Fees? You’re Not Alone (Almost 50% of Small Businesses Are)

Small business transactions have changed drastically as our economy adjusts to 21st-century realities. While business payments were formerly received through cash and checks, recent history has shown a clear transition to plastic and digital payments. What was once a luxury for the wealthy is now commonplace among many small business customers. Credit cards are everywhere. Read More...

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