Many large retail chains are wary of reopening even while some states move toward starting their economies again following closures due to COVID-19. TGI Fridays Inc., Gap Inc. and Macy’s Inc. are some of the large national chains noting they will not partake in the...
The COVID-19 outbreak in the United States could be finished before the Memorial Day holiday, Vice President Mike Pence said in a broadcast interview. Slightly below 50,000 Americans have died because of the coronavirus as of February, Bloomberg reported. Get the Full Story Complete the...
PayPal has temporarily suspended check-cashing fees for stimulus checks issued as part of the federal government’s coronavirus relief efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
U.S. Senator Marco Rubio said the Small Business Administration (SBA) will make more financial assistance available early next week for small businesses impacted by COVID-19, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
President Donald Trump signed into law a $484 billion COVID-19 rescue bill Friday (April 24) that includes $310 billion in new money for the popular Small Business Association’s (SBA) Paycheck Protection Program (PPP), which exhausted its funding for forgivable loans to small businesses that keep workers on...
Homeowners who expected temporary financial relief from the COVID-19 pandemic may be in for a big surprise next year, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Recurly Senior Vice President Danielle Gotkis told PYMNTS, “Balancing the need to do the right thing while keeping revenue streams alive is something that every subscription business is considering right now. Stay tuned.” Read Gotkis’ prescription for keeping subscription commerce healthy in Black Swan, a...
Inertia is a powerful force in the world of payments and commerce, and one that explains the persistence of things that seem like they should have been disrupted long ago. Paper checks, the biweekly pay cycle, contact-based payments — the technology has long existed to banish...
The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use. Here’s a roundup of some efforts by consumers to receive refunds from universities and airlines. Get the Full Story...
