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Senators Push For Bill That Would Force Retailers To Accept Cash

PYMNTS

The Payment Choice Act is aimed at businesses that refuse to accept cash as payment or retailers that charge a fee for cash transactions, the network reported. We’re most encouraged to see such widespread bipartisan support for the Payne bill,” Bruce Renard, executive director of the National ATM Council, a coalition member, said in May.

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

Amazon, of course, stands out as a marquee name in the move to make the retail experience wholly digital commerce. There may be a groundswell against cashless retail, but then again, there also is a movement to take cash out of the equation. Much has been made of the coming of the cashless society. The Case Against Cash.

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Extra Federal Benefits Ease Layoff Decisions For Employers

PYMNTS

A check of government benefits by PYMNTS found that while the weekly unemployment rate varies dramatically by state, from $235 in Mississippi to $823 in Massachusetts, they will all be paid more with federal dollars, at least through July. In Massachusetts, minimum wage workers receive $12 per hour, or $480 weekly.

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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

But what about the entrepreneurs who are still hanging onto their dreams of starting a retail business? Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I

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Retail Bedfellows Roundup: Staples Shares Space, Affirm Finances Life Experiences

PYMNTS

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

Building The (Retail) Use Cases. The Federal Reserve said this year that its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. As reported, the company also said bought $50 million of bitcoin to hold on its balance sheet.

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Amazon To Shut Down Free Sample Program

PYMNTS

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

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