Many small businesses would prefer to pay a monthly fee for unlimited transactions for informational services, transactional services and advanced interactive services, according to a new study.
The 2014 Monetizing Mobile Banking for Small Business Customers Study was based ona total of147 survey responses completed by U.S.-based small businesses with up to $4.99 million in annual revenue.
The median amount that companies were willing to pay as a monthly fee for certain unlimited transactions ranged from $1 to $10, the data showed.
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