Small businesses have not adopted the use of mobile banking to aid them in their daily business operations, and their perception of this tech-savvy option remains largely negative.
Very few small businesses are fans of the mobile options offered by their banks, with 69% who do not have a positive perception of them and 34% who have never used mobile banking although their financial institution provides the option, according to a survey conducted by RateWatch, a Fort Atkinson, Wis.-based premier banking data and analytics service owned by TheStreet, Inc., and Simon-Kucher & Partners, a strategy and marketing consulting firm.