Tuesday , March 28, 2023

CardFlight Extends Its Reach Via Global Payments, While Small Business Sales Rebound

CardFlight Inc. has struck a deal with processor Global Payments Inc. that will see CardFlight’s SwipeSimple point-of-sale technology added to Global’s indirect sales channels.

Atlanta-based Global says adding SwipeSimple to its wholesale product lineup will give its independent sales partners an omnichannel payment option. SwipeSimple supports contactless payments, EMV dipped, and magnetic-stripe transactions.

“Through this partnership with Global Payments, we will be able to bring the full range of SwipeSimple products to a broader base of merchants, providing small businesses with the payment solutions needed to adapt and succeed in an ever-changing environment,” Derek Webster, CardFlight chief executive and founder, says in a statement.

Meanwhile, New York City-based CardFlight released its latest Small Business Report. 

For the past three weeks, total sales at small businesses in the CardFlight Small Business Report have experienced a more than 65% increase from the baseline month of March 2020. For the week ending April 4, total sales were up 65.5%. Sales were up 65.9% and 65.2% for the two prior weeks, respectively. The report analyzes data from more than 70,000 small businesses.

Overall, for March, small-business sales were up 91.7% from March 2020. Transaction counts were also up in March, at 102.1% more than March 2020. Other data show that contactless payments were up 331.3% for the week ending April 4, compared to the March 2020 baseline. That figure has been above 331% for the past three weeks.

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