Its new secured card can appeal to small-business owners with poor credit histories and lead to upgrade opportunities.

We predicted Square would pilot small-business and consumer credit cards. It didn’t, but in the same vein, it announced plans to acquire Afterpay.

Initiatives will focus on attracting small businesses, where 70% of US consumers shop, per Mint and Intuit. Currently, contactless acceptance is much lower at small businesses due to cost-prohibitive infrastructure upgrades. Two types of technology will onboard these sellers:.

Travel, young cardholders, and SMBs prop growth

The duo introduced the Fundbox Flex debit card for small small businesses and plan to add BNPL and instant disbursement through Visa Direct.

SMB credit card fintech gets $100M to expand into crowded corporate US market: UK-based issuer Capital on Tap is ramping up in the US after making its plunge in March—we unpack the troubles ahead for small firms like it competing with established players and not much differentiation.

Card networks and providers: With the consumer card payments market largely saturated, corporate cards and small business credit cards can provide new opportunities for card networks and providers, especially since many are also pursuing noncard payment options for businesses, like developing noncard payment rails. Notable players include Visa, Mastercard, American Express, and Fleetcor.

Small and medium-sized businesses are looking to close the automation gap when it comes to accounts payable and receivable. To capture the growing market, banks and software providers must tailor solutions to current SMB needs.

The corporate credit card fintech raised $300M just 6 months after its last mega-round, enabling it to continue building out its product suite.

This year, several SMB-focused fintechs expanded their product suites to delight customers with all-in-one propositions.

Visa will help expand credit lines and security measures for Tribal Credit’s business cardholders across Latin America.

Co-brand card issuers and brand partners have an opportunity to reimagine their offerings in the pandemic’s wake. Leaning on newfound digitization and shifting spending habits can help providers tailor their offerings in ways that widen their net, grow volume, and appeal to the maximum number of customers.

Improving B2B payment automation and resolving cash flow issues provides a route into the SMB payments market.

Visa also moved further into Latin America by signing a deal with small-business payments provider Tribal Credit to help expand credit lines, improve card distribution, and update security measures and encryption for Tribal Credit’s business cardholders across the region. Pushing further into the market can help Visa capitalize on the region’s growing digital payments adoption.

The corporate credit provider’s new premium offering is a one-stop shop for small businesses’ financial needs—boosting Brex’s value proposition and diversifying its revenue streams.