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September 9, 2019

What Payment Methods Do US Small Businesses Accept? (% of respondents, May 2019)

Description

Chart shows which payment methods are accepted by SMBs based in the United States. Payment methods include credit cards, debit, cash, check, digital wallets and gift cards.

Methodology

Data is from the September 2019 Bank of America Merchant Services report titled "Small Business Payments Spotlight" conducted by Forrester Consulting. 522 US small businesses were surveyed online during May 2019. Small businesses are defined as generating between $100,000 and $5 million in annual sales and employing less than 500 people.

Featured In

US Mobile Payment Users 2019 Retailers Are Embracing Mobile Payments

Sources

Bank of America

Share

Chart Title

What Payment Methods Do US Small Businesses Accept? (% of respondents, May 2019)

Publication Date

September 9, 2019

Sources

Bank of America

Featured In

US Mobile Payment Users 2019 Retailers Are Embracing Mobile Payments

Topics

Financial Services Mobile Payments Credit & Debit United States

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