What Does 2021 Hold For Small Businesses Digital Financial Services?
If 2020 taught us anything, it’s that digital financial services are here to stay. Lockdowns, quarantines, and social distancing all caused by the global COVID-19 pandemic illustrated not just the need but the necessity for virtual banking services. Thanks to the tech and accounting experts, handling one’s business from the comfort of a home office became possible and helped millions of small businesses stay afloat. And the use of these digital tools is only going to improve and spread in 2021. Forced to digitally transform, banks and financial institutions, which were deemed essential, have evolved their services to serve a new age, one that’s more prepared for a disaster and can be accessed anywhere. In this guide, we’ll look at what digital financial services have in store for small businesses in 2021. Mobile Expansion Mobile banking has become the new normal within the last 18 months, pushed forward by the isolation of the coronavirus. This might not sound too surprising, but w