Consumers confronting the COVID-19 outbreak are buying less and saving what they can, and retailers’ revenues are plummeting as a result. This is leaving many merchants wondering if they will be able to access the cash they need to remain open and — if they...
When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services — and not all small- to medium-sized businesses (SMBs) were prepared. Businesses that did not...
The Paycheck Protection Program (PPP) began accepting applications on April 3. Lawmakers and business leaders alike have high hopes for the program, believing it will help provide the funds small- to medium-sized businesses (SMBs) need to keep their operations running and their staff employed for...
The coronavirus pandemic is advancing, wreaking havoc on U.S. citizens and the economy. 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 to our daily newsletter, PYMNTS Today....
May 28, 2020
When the United States economy locked down to slow the spread of the coronavirus, it rapidly and radically altered the way consumers browsed, shopped and paid for goods and services — and not all small- to medium-sized businesses (SMBs) were prepared. Businesses that did not have online shopping channels were unable to sell their products, […]