Category: Small Business News

PayPal Launches Small Business Credit Card with Flat 2% Cashback

The popular platform PayPal is rolling out a new product built specifically for small businesses. Today, the FinTech announced the launch of The PayPal Business Cashback Mastercard. The new card will be issued by WebBank and marks the first time PayPal has offered a business credit card. With the PayPal Business Cashback card, business owners will be able to earn 2% cashback on all purchases. This earning rate is not...

Amazon Announces Small Business Support Efforts for Prime Day 2022

While Black Friday may still be several months away, there's another retail day of note on the horizon: Prime Day. This year, Prime Day will be celebrated on July 12th and 13th in more than a dozen countries. Plus, for the first time, Poland and Sweden will get in on the fun. Meanwhile, later this year, India, Saudi Arabia, the United Arab Emirates, and Egypt will have their own Prime...

Square Announces Early Access Program for Apple Tap to Pay Feature

Back in February, when Apple announced its Tap to Pay feature that would allow business owners to easily accept card and mobile payments on their iPhone, many immediately thought of Square's long-used credit card readers. Now, the FinTech has announced that it will be partnering with Apple to bring Tap to Pay technology into Square's Point of Sale app. While the compatibility will roll out to all customers later this...

Small Businesses Note Long-Term Optimism Despite Current Challenges

With 2022 nearly halfway done already, this year has proven to be a volatile one for small business owners. Yet, a recent Chase survey of 1,000 small business owners found that, on the whole, these entrepreneurs are still feeling fairly positive about the future. That said, the 2022 Small Business Survey also highlighted some of the current challenges business owners face along with some of the actions they're taking as...

Progressive Announces "Driving Small Business Forward" Grant Program

Small business owners hoping to add some wheels to their operation may have a chance to do so thanks to a newly-announced grant opportunity. The well-known insurance provider Progressive has announced the launch of its Driving Small Business Forward grant program. Partnering with the accelerator Hello Alice, this program is specifically aimed at Hispanic entrepreneurs and will include 10 $25,000 grant winners. These funds can then be used toward the...

Barclays Announces Winners of "Small Business Big Wins" Promotion

Earlier this year, Barclays announced another round of its "Small Business Big Win" promotion after successfully giving more than $200,000 to small businesses in 2020. In total, the bank says that more than 4,750 small businesses applied to participate in the 2021 edition of the contest. Now, the 10 finalists and top winners have been revealed. Taking home the $60,000 grand prize was Wisconsin's Ashland Birth Center, which provides midwife...

Fyle Launches Real-Time Spend Management For Small Businesses

Small business owners who are seeking an easier way to keep track of their employee expenses spending and accounting may be interested to hear about a new addition to the digital bookkeeping platform Fyle. This week, the company announced the launch of a new tool that will help business reconcile their expenses. As the FinTech notes, this new feature enables business owners to use existing credit cards to gain real-time...

Survey: 90% of Self-Employed Gen Zers Unaware of Quarterly Taxes

Today — April 18th, 2022 — is known as Tax Day for most Americans. However, for small business owners and self-employed workers, taxes may be due multiple times a year thanks to quarterly estimated payments. Unfortunately, as a new survey of more than 1,000 Gen Zers shows, many young entrepreneurs and freelancers appear to be unaware of these rules and may be spending more as a result. A recent survey...