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Here is The Math Behind the High-Yield Account

South State Correspondent

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points.

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Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

Uber Eats said it will send its matched portion to the National Restaurant Association’s Restaurant Employee Relief Fund. As reported in early April, the National Restaurant Association created the fund to support U.S. Two days later, it expanded citywide and then was introduced over the next week to the rest of the nation. “We

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Marriott Sees ‘Improving Trends’ In Greater China As Region’s Travel Begins Recovery

PYMNTS

As some beaches reopened last weekend, Sorenson noted that the Ritz-Carlton Bacara in Santa Barbara and the company’s hotels in Hilton Head, South Carolina were expected to attain roughly 50 percent of occupancy based on reservations on the books.

Trends 178
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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

Out-of-state retailers that sold into California, Louisiana and South Carolina are being asked to retroactively comply with remote seller laws, and pay taxes on sales conducted in the years before the laws were in place. National Retailers On Staying Compliant When Tax Exemptions Are Only Statewid e.

Taxes 130
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Who Pays A Higher Price For Online Sales Tax?

PYMNTS

South Carolina, though, is attempting to retroactively collect taxes from Amazon. A majority — 53 percent — thought that managing sales taxes for their businesses was either “somewhat” or “not at all” clear. . A recent survey of U.S. Clearly, the largest online marketplaces will be fine.

Taxes 102
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How Clandestina (Literally) Snuck Into The US Market

PYMNTS

And while those numbers aren’t likely to keep Amazon or H&M up at night, for a small Cuban eCommerce startup operating out of nation where internet access is patchy and from which the company can’t ship goods directly to U.S. Frenzy manages printing, packing and shipping. customers, these early figures are pretty exciting.

Marketing 198
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US Liquor Sales Rise, But Not Enough To Offset COVID-Related Global Revenue Decline

PYMNTS

alcohol sales shot up 55 percent in late March, just as stay-at home orders were going into effect across the nation. Are people in other nations less likely to try to drown their pandemic-related sorrows in booze? The big hit that alcohol firms are taking might come as a surprise, given the steady stream of reports about surging U.S.