SMEs in Europe ready to invest in real-time payment capabilities
October 6th, 2022 – Over two-thirds (68%) of European small and medium-sized enterprises (SMEs) are planning to invest in real-time payment capabilities over the next year, according to research.
Some 60% of the 2,000 SMEs surveyed said it takes a day or more for them to receive payments, with only 21% receiving payments within an hour.
The research of businesses across the UK, Belgium, France and the Netherlands, carried out by banking-as-a-service (BaaS) supplier Vodeno, revealed that international growth is being made more difficult for 23% of them due to the time it takes them to receive payments.
As a result, 57% are planning to change their payments provider in the next year.
Written by ComputerWeekly.com
Related Post
China releases a five-year strategy to...
China has released a plan that outlines goals for business growth, innovation, and the development environment in order to support the high-...
Southern Italy: Soaring Diesel Costs Halt...
Since mid-October, southern Italy has seen one of the largest protests in the transport sector in years. The protest began in Puglia and the...
IUE Opens a New Chapter: Celebrating...
The International University of Entreprenology held its 2026 Graduation Ceremony in Las Vegas, honoring the wisdom of lived experience and w...
