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The pressure to adapt is growing. But in the United States, some small-business owners do not understand the complexities of digital payments. “Smaller merchants, they don’t always have the knowledge and resources to know what to do,” said Ginger Siegel, who leads the North America small-business segment at Mastercard, which offers training to business owners like Ms. Otis of Comma Bookstore. Ms. Otis said she noticed an increase in sales when she began offering mobile payments, which made the checkout process faster. “As a retailer, you want to make the experience as efficient as possible,” she said.
Persons: , Ginger Siegel, Otis Organizations: Boku, Merchant Machine, North, Mastercard, Comma Locations: United States, Britain, London, North America
$7 billion unicorn Carta is officially retreating from its equity management software for public companies, according to multiple sources Insider has spoken to. Thousands of private companies use the platform to track company and employee ownership, process venture investments, and administer employee stock programs, among a slew of other services. Carta had seen the company through its 2017 public listing on the London Stock Exchange, helping its employees and shareholders navigate the complex world of public stock markets. Transfer agents are regulated entities that all public companies are required to use to track stock ownership. "I guess getting into the public markets is something that they sort of dipped their toe in and now want to withdraw," he said.
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