BizSugar.com › Finance › 10 Payment Alternatives to Help Small Businesses Get Paid Faster

One of the numerous ways in which technology has benefitted small businesses has been to increase the number of payment options available. While the conventional methods of payment like cash and cheque still exist, there are also a variety of other options like debit cards, internet transfers and mobile payments that have greatly facilitated payment infrastructure and made financial management much more flexible. Every business owner must decide what type of payment options they should provide to their customers, which is based on several factors including their industry, common practices, location and of course business specific considerations.