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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

Online 195
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Online Holiday Spending Already A Record-Breaker

PYMNTS

Christmas is just around the corner, and online holiday shoppers have been busier and spending more than ever, according to a new report. Online sales reached $80.3 It’s the largest online shopping period ever, beating out last year’s total of $67.7 Shoppers didn’t just use their computers to purchase items online.

Online 129
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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. First, some context, for which we turn to Alaska. Aftershocks from the South Dakota v. Taxation With Representation.

Taxes 130
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The State-By-State Complexities Of Sales Tax Compliance

PYMNTS

100: Minimum number of local tax codes in Alaska. percent: Tax rate imposed on online sellers in Illinois starting in 2020. $4M: Some states don’t tax certain essentials to make sure they are accessible to those in need, and to avoid placing the burden of public revenue on only a select number of consumers.

Taxes 131
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Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS

This shift to primarily digital comes with some perks, such as easier transactions and more connectivity for CU members, but it also means an increase in online payment volume that represents an irresistible opportunity for fraudsters. Other CU organizations are also making moves to help ease the impact the virus has on their customers.

Data 188
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Deep Dive: How Buy Online, Pickup In Store Helps Retailers Compete Against Delivery Giants

PYMNTS

A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. The survey also found that 59 percent of respondents turned to BOPIS to get items faster than online shopping can provide.

Retail 108
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Walmart To Lay Off 1K Employees At Its Headquarters

PYMNTS

Earlier this month, it suddenly closed 63 Sam’s Club warehouses in several states, including in Arizona, Alaska, Texas, New Jersey, Indiana and New York. In addition, the company will be creating new roles focused on its online grocery business. Walmart is the biggest private U.S. million nationwide.

Alaska 136