This past week, Visa announced that they have launched Visa Infinite Business. The new launch— considered to be an expansion of their business card product suite— is juxtaposed with the reality that 52% of small businesses leverage the use of their credit cards in order to manage and run their business. Additionally, there is a growing demand where small businesses require access to higher limits when using credit cards, and consumer cards often do not have what small business owners require. (Source: PYMNTS)
Why this is important for your business:
Too many of us are still making payments old school, and the environment is changing. Offerings like Visa’s are serving the need for small businesses to move away from making cash or check payments to suppliers and buyers and gravitate toward electronic processes.