Gen Z Entrepreneurs Maintain High Cash Usage

Mastercard executive Mark Barnett told PYMNTS that Gen Z small-business owners still make 52% of their payments in cash, according to the recent 'Ready for Change' report. The article finds 68% of Gen Z founders want to reduce cash use and only 22% hold business credit cards, underscoring liquidity and credit-access challenges. Mastercard introduced Virtual C-Suite, including an AI Virtual CFO, to drive digitization.
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