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New initiative aims to help small businesses

As we recognize the SBA’s National Small Business Week in 2020, we must acknowledge the unprecedented challenges that the COVID-19 pandemic is creating.

Today, Claudia Lombana, consumer expert and Award-Winning Journalist joined us today to share important information from a new VISA back-to-business report about the upcoming holiday shopping season.

Small businesses have never been more important or needed more help as the nation struggles with the challenges of COVID-19.

Even National Small Business Week, which is normally held in May was postponed.

That’s why Visa is releasing a special Back to Business Study, just in time for National Small Business Week.

The study will reveal how small business owners and consumers feel about the future and what they’re doing to prepare for the upcoming holiday shopping season. 

What else the study will reveal:

HOLIDAY HELP — How 60% of small business owners are already taking steps to maximize the holiday season amid economic uncertainty and consumer expectations for safe and contactless payment moments.

GO VIRTUAL — How back-to-business kits from Visa are helping with contactless payments

IMPORTANCE — More than half of Americans either own or work for a small business that create about two out of every three new jobs in the U.S. each year

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