Welcome to our May news round-up

Welcome to the PayNow and PayNowlink May round-up of small business, EFTPOS and technology news. Something you want to hear about? Let us know at [email protected]

Negotiating business among rising costs

The Guardian reports that the cost of living squeeze is holding back small businesses in the UK – an issue also affecting business owners across the world.

https://www.theguardian.com/business/2023/may/02/cost-of-living-squeeze-is-holding-back-uk-small-businesses 

Suits you, Sir

Is this the future of clothes shopping? Clothing brand River Island go high-tech with their in-store experience for a more personalised shopping experience.

https://stripe.com/au/newsroom/stories/river-island-and-stripe 

Is this the most pro-tech business budget?

If you’re a tech company in the UK, chances are you’ll benefit from the 2023 Spring Budget recently announced by the Uk Government – with a focus on AI front and centre.

https://smallbusiness.co.uk/what-2023-spring-budget-means-for-uk-tech-2565352/ 

Could wage rises create problems for small businesses?

Australian CEO says wage rises could put pressure on small businesses as they struggle to meet the wage demands of the rising cost of living.

https://www.skynews.com.au/australia-news/politics/wage-rises-could-put-small-businesses-through-significant-hardship/video/c9b6a85ecc923f881eed90db03691206 

 

5) Small businesses reap the rewards

Three small businesses in the United States are rewarded for being the heroes of their community.

https://www.cpapracticeadvisor.com/2023/05/17/intuit-awards-three-small-businesses-20000-each-for-small-business-hero-day/79767/

Jen B Marketing manager