CardFlight Small Business Impact Report: March 19, 2020

Small business sales are down 4.3% from week of March 2 to the week of March 9.

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Methodology

To create this report, we analyzed a representative sample of hundreds of thousands of transactions processed from March 2 – March 15, 2020 by the 60,000 small businesses in all 50 states using CardFlight’s SwipeSimple software to accept credit and debit card payments.

Key findings

  • Overall small business sales were down 4.3%
  • Total number of transactions ( any payment amount) were down at 20.5%.
  • Raw transaction volume saw an increase in average transaction amount

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