Cyber fears threaten SME growth despite digital payment boom – Mastercard
Originally published by The Gleaner Read the original
Small firms across Latin America and the Caribbean have largely completed the shift to digital payments. Their next challenge is staying secure online. A survey by Mastercard found that 97 per cent of small and medium-sized enterprises (SMEs) now accept digital payments, underlining how deeply digital commerce has become embedded in business activity across the region. Yet concerns about fraud, cyberattacks, and data protection are increasingly shaping investment and expansion plans.