Product Launchagentic aismall business financemastercardvirtual cfo
Gen Z Entrepreneurs Maintain High Cash Usage
7.1
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.
Key Points
- 1Report finds Gen Z SMBs use cash for 52% of payments
- 2Highlights liquidity and credit gaps: only 22% of Gen Z SMBs have business credit cards
- 3Suggests AI-powered tools like Virtual C-Suite can digitize operations and improve cashflow visibility
Scoring Rationale
Strong relevance and credible corporate sourcing, tempered by limited novelty and SMB-focused scope.
Sources
Public references used for this report.
Practice with real Payments data
90 SQL & Python problems · 15 industry datasets
Used by DS/ML engineers at top companies
250 free problems · No credit card
See all Payments problems
