By Jeff Domansky, Dec 12, 2020 As new COVID-19 deaths and hospitalizations threaten to overwhelm the US health system, 85% of US small businesses say they need government relief funds now to survive to June 2021. A poll of 5,000 small business owners conducted by ...
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Blog
As the end of the year approaches, after a tumultuous, pandemic-fueled 10 months, publisher Doug Hall and managing editor Jeff Domansky reached out to payments industry leaders for their perspectives and predictions for the industry in 2021. These industry leaders have pivoted and innovated throughout ...
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By Jeff Domansky, Dec 9, 2020 Like many other businesses, the restaurant industry is struggling for its life, and new research shows the fragile, slow recovery through October has now slipped backward in November. Pay-at-the-table technology firm TableSafe’s research data shows restaurant transaction volumes declined ...
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By Rob Lincolne, founder and CEO, Paydock, Dec 8, 2020 When Square launched in 2009, they often spoke of the ‘Hidden cost of accepting cash.’ Articulating reconciliation, banking, and administrative inefficiencies (not to mention theft) contemporary thinking at the time referenced the value of non-cash ...
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By Jeff Domansky, Dec 2, 2020 Apparently, porch pirates are alive and well, preying on online shoppers and stealing as many as 17 million packages from consumer porches and verandas since the start of the pandemic in March, according to new research from insuranceQuotes.com. In ...
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By Jeff Domansky, Dec 1, 2020 As predicted by most industry analysts, Cyber Monday was another roaring e-commerce success with sales reaching an estimated $10.8 billion by Adobe Analytics, up 15.1% from last year’s $9.4 billion. While impressive, sales fell short of Adobe’s earlier prediction ...
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By Jeff Domansky, Nov 30, 2020 Black Friday looked very different this year from previous years. Initial results show US consumers shopped from their couches with a vengeance, racking up more than $9 billion in Black Friday purchases online. During the pandemic, Thanksgiving Day shopping ...
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By Jeff Domansky, Nov 25, 2020 Retailers and other online sellers have their fingers crossed for a mega Black Friday sales launch leading into the all-important holiday shopping season. In fact, for many businesses, this is all about survival. The National Retail Federation’s (NRF) forecasts ...
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By Jeff Domansky, Nov 24, 2020 Based on data from more than 12 million payments processed annually through the AvidPay Network, research shows middle-market spending is recovering to a positive trajectory after two quarters of growth interrupted by the COVID-19 pandemic. Overall spending by middle-market companies ...
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By Jeff Domansky, Nov 23, 2020 Visa and Conferma Pay, announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions designed to improve cash flow for businesses and eliminate outdated manual processes. Visa Commercial Pay provides comprehensive card-program management capabilities, including ...
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