PYMNTS

MAY 28, 2020

Of all the verticals hit hard by the global pandemic, hotels have seen their business slowed to a near stop as shutdowns and social-distancing rules bring travel of all kinds to a near halt. economy teetering, it’s unclear whether consumers value extra cleanliness enough to pay for it. With the U.S.

Procedures 52

Procedures Shutdown CHIPS Economy 52

PYMNTS

OCTOBER 29, 2020

That’s an increase from the 36 percent observed in September and the fewer than 25 percent in early April when shutdowns were at their national peak. Many major employers have already officially said they aren't expecting their workers back at their desks until sometime in the summer of 2021 after a vaccine is in wide release.

Returns 60

Returns Shutdown PayPal Consumer 60

PYMNTS

OCTOBER 21, 2020

Patrick McHenry (R-North Carolina), ranking Republican on the House Financial Services Committee, told Karen Webster in a recent fireside chat as part of the B2B Payments 2021 PYMNTS TV series of programming. On one hand, certain businesses like restaurants and gyms are still contending with shutdowns and have a very tough path forward.

Small Business 56

Small Business Shutdown Credit Union Laws 56

PYMNTS

MAY 25, 2020

The stark fact is that retailers that can stay in business through what is basically a 90-day shutdown have access to a line of credit or receive substantial eCommerce business. The digital shift, coupled with the department store crash, will make malls very different by the beginning of 2021. Be Like Nike. Was it the shoes?

Shutdown 64

Shutdown Returns On-Demand Government 64

PYMNTS

DECEMBER 16, 2020

Main Street SMBs across the board are fairly optimistic about the return to normal in the economy – largely premised, it seems, on the recent news of vaccine development. Firms that PYMNTS surveyed in November expected to be back to normal in about 8-1/2 months (July 2021). SMBs Are Highly Aware of the Vaccine News.

On-Demand 112

On-Demand Shutdown Returns Economy 112

PYMNTS

DECEMBER 24, 2020

And, of course, 2020 was the year that proved everyone’s predictions wrong (except Webster’s, actually, who predicted a banner year for the connected economy and ended up being more spot on than she could have realized at the time). According to the experts, the pace is only going to pick up when the ball drops and 2021 gets underway.

Economy 82

Economy Consumer Shutdown Transactions 82

PYMNTS

NOVEMBER 24, 2020

With restaurant dining rooms closed and Americans forced to rely on their own abilities as home chefs over the last eight months, meal kits have caught a second wind in the pandemic economy. Grocery retailers and restaurants hit hard by the pandemic have also looked to meal kits as a potential business to pursue during the shutdowns.

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

OCTOBER 30, 2020

The Eurozone economy came roaring back in the third quarter as lockdowns ended, though a full recovery is still some way off and a setback now looms in the fourth quarter,” Claus Vistesen, economist at Pantheon Macro, said in a research note cited by CNBC. percent GDP growth for the third quarter. That beat the 9.4 percent contraction.

Shutdown 76

Shutdown Consumer On-Demand Adjustments 76

PYMNTS

MAY 7, 2020

The cable news network reported that while leagues devise plans to play games without fans and some governors consider opening venues, health experts say gatherings without strict social distancing shouldn’t come back until at least 2021. Fans can opt for a cash refund or get another ticket for a later game.

Shutdown 52

Shutdown Ubiquitous On-Demand Returns 52

PYMNTS

DECEMBER 14, 2020

Shipping delays are threatening the digital-first economy. And just weeks after they could open for limited business, malls and department stores are threatened with another nonessential retail shutdown as the virus surge rages on. Pent-up demand is one of the most influential factors for the economy in this pandemic.

On-Demand 89

On-Demand Shutdown Consumer Economy 89

PYMNTS

DECEMBER 17, 2020

That’s important, given the fact that Main Street SMBs are responsible for driving a significant portion of the economy, employing roughly 40 percent of the workforce. After all, they’ve been plying the trade in an age where restrictions and shutdowns have hobbled brick-and-mortar operations.

Small Business 46

Small Business Shutdown Point-of-Sale (POS) B2B 46

PYMNTS

NOVEMBER 2, 2020

2, but there is already talk among members of Johnson’s cabinet that it could extend into 2021 depending on case counts. Concerns are growing that given the international surge in cases, shutdowns starting up in the U.K. They’re not expecting to go back to anything like their pre-pandemic lives until sometime autumn 2021.

Shutdown 52

Shutdown Consumer Government Governance 52

PYMNTS

DECEMBER 28, 2020

27), averting a government shutdown and providing millions of Americans help as the pandemic continues through the new year. PayPal still remains interested in investing in the cryptocurrency space, as it will begin allowing customers to transact in a number of cryptocurrencies, including bitcoin, Ether, Bitcoin Cash and Litecoin, in 2021.

PayPal 56

PayPal Bitcoin Cryptocurrency Shutdown 56

PYMNTS

SEPTEMBER 16, 2020

Highlights include $120 billion for enhanced unemployment aid through January 2021 at a rate of $450 weekly for an eight-week transition period into a $600 weekly payment. economy that remains hard to answer. economy, Suzanne Clark, president of the U.S. Will It Work? A recovery is well underway for some of the U.S.

Economy 75

Economy Shutdown Consumer Government 75