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Small businesses continue to require a combination of digital convenience and traditional banking methods, according to Deluxe.
The company points to its latest data, which indicates that while digital banking tools are increasingly important, many small businesses still rely on legacy instruments like checks. The need for flexible banking solutions underscores the importance of choice and the enduring role of trust between banks and their business customers.
Deluxe recently reported that banks are making merchant services a strategic focus. The company has also advanced payments innovation as business bankers respond to industry shifts, according to a prior update from Deluxe. These developments reflect ongoing adjustments in banking product offerings.