PYMNTS

SEPTEMBER 4, 2019

Merchants must handle the sales tax compliance obligations of each locale from which they receive money if they want to sell online. The complexities of sales tax compliance affect business decisions by both sellers and marketplaces, according to Ted Hettich, chief sales officer at U.K. Deciphering obligations. he said. .

Taxes 131

Taxes Policies Compliance Retail 131

PYMNTS

FEBRUARY 6, 2019

The National Retail Federation (NRF) predicts that retail sales this year will increase between 3.8 More people are working, they’re making more money, their taxes are lower and their confidence remains high. Preliminary estimates show that last year’s retail sales grew 4.6 percent and 4.4 percent to $3.68

Retail 116

Retail Taxes National Marketing 116

PYMNTS

NOVEMBER 29, 2019

By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. States have been defining their parameters for economic nexuses.

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

DECEMBER 16, 2019

Is there a better way to deal with online sales taxes ? 10B: Estimated online food delivery fees by 2023. consumers who most often access bank accounts online and via mobile. 8 percent: Rise in number of small businesses using their FIs’ mobile banking apps between 2018 and 2019. . 73 percent: Share of U.S.

Taxes 130

Taxes Online Mobile Data 130

Accenture

MAY 30, 2019

Credit card volume and receivables continue to grow amongst the top issuing banks for the first quarter of 2019; however, the growth rate of each has been slowing compared to prior years. Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. Issuer scorecard ($billions)—Q1 2019.

Cards 158

Cards US Taxes Apple 158

PYMNTS

MARCH 15, 2019

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

Taxes 193

Taxes South Dakota Software Survey 193

PYMNTS

MAY 8, 2020

consumers more frugal, but other individuals are still turning to retail therapy to cope with stresses. Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . million in March 2019.

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

NOVEMBER 24, 2020

It became the first brick-and-mortar retailer to earn the majority of its revenue from eCommerce as 54 percent of its third-quarter take came from digital channels. “We Fleeting because the company moved its anniversary sale from Q2 to Q3 this year and most of that business was online.

Retail 221

Retail US Online Taxes 221

PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

Taxes 141

Taxes Google Compliance Apple 141

PYMNTS

JANUARY 3, 2020

Looking past the cheerful numbers tied to holiday shopping and the tens of billions of dollars spent on Black Friday, Cyber Monday and into Christmas, the decline of retail, at least the traditional retail model, continues into the new year, and across oceans. The retail sector is among the largest employers in the U.K.,

Retail 131

Retail Samsung National Taxes 131

PYMNTS

DECEMBER 17, 2020

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Developments From The World Of Digital Fraud.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

AUGUST 10, 2020

For physical retail, the pandemic was simply the force that accelerated a decline that had started in 2014 — one that inertia had masked for all of the years up until now. This data came on the heels of a holiday shopping season that was strong, but weaker than retail analysts had expected. A Long Time Ago … In January 2020.

Retail 291

Retail US Innovation Report 291

PYMNTS

DECEMBER 26, 2018

and China, local Chinese vendors operating in Yiwu International Trade City are upbeat about 2019. tariffs placed on Chinese exports and a crackdown on eCommerce platforms like Amazon by the European Union to stop online vendors from evading taxes, local Chinese merchants expect cross-border sales to grow.

Training 126

Training Taxes Online Operations 126

PYMNTS

OCTOBER 28, 2019

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

South Dakota 105

South Dakota Taxes Retail Arizona 105

PYMNTS

OCTOBER 10, 2019

percent from 2014-2019. Amazon’s plan for one-day Prime delivery is further burdening logistics providers and retailers. Urban developers confront “competition with other uses such as retail, multi-family apartments, offices and mixed-use developments that generate higher taxes and higher rents,” Walaszek added.

Online 116

Online Industry Taxes Retail 116

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. One of the latest, ongoing trends is the rise of online luxury resale commerce. That’s not to say brick-and-mortar is doing well in all areas of the luxury retail world.

Retail 123

Retail New York New York City Philadelphia 123

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

SEPTEMBER 9, 2020

The apparel retailer reported that Aerie digital demand jumped 113 percent and AE rose 21 percent, according to an announcement. “In American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2.

Taxes 131

Taxes Retail Branding Report 131

PYMNTS

DECEMBER 7, 2020

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Digital Black Friday sales this year hit $9 billion, a 22 percent increase from 2019 figures, according to recent Adobe research. Small Business, Big Challenges. The company now operates in the U.K., Europe, Canada, the U.S.

Capital 356

Capital Online Tools Lending 356

PYMNTS

NOVEMBER 14, 2019

For many retailers, especially those focused on eCommerce, the next several weeks are crucial. Clearbanc , which provides growth capital for online brands, said on Wednesday (Nov. Clearbanc (@clearbanc) November 13, 2019. That’s because the ongoing uncertainty over tariffs between the U.S. China trade dispute.

Retail 100

Retail Capital Online Data 100

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

SEPTEMBER 30, 2019

The filing will allow the retailer to continue operating while it attempts to reorganize the business and return to profitability. The company is struggling with online competition and changing clothing trends, like sustainable fashion and secondhand clothing. Forever 21 plans to close up to 178 stores in the U.S.,

Retail 148

Retail Taxes Analytics America 148

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. The program, which began on Dec. 8 and runs until the end of the year, allows shoppers to save up to 150 euros.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

JANUARY 18, 2021

At the same time, sales tax receipts in the downtown’s retail, hotel and business districts fell more than 70 percent in the second quarter last year compared with the same period in 2019, Bloomberg reported. Unlike many communities, San Francisco has not seen an increase in online sales tax.

San Francisco 141

San Francisco Taxes New York California 141

PYMNTS

JULY 23, 2018

Coverage includes a new acquisition by online payment firm PayU, European finance ministers pushing for more progress on taxing digital firms and SoftBank planning to launch a new mobile payment service in Japan. PayU, the online payment company owned by Naspers, has announced the acquisition of ZOOZ, a payments technology platform.

social media 100

social media Taxes Payments Mobile 100

PYMNTS

APRIL 28, 2020

billion in sales from 2019. The Fed has been looking for help from investment, retail and reserve banks. The Fed has received over 2,200 pieces of feedback online, sources said, according to CNBC. Retail and hospitality lobbyists have expressed concerns that debt requirements are too constricting.

Maine 184

Maine Lending Taxes Industry 184

PYMNTS

JANUARY 7, 2021

People who filed their 2019 taxes with H&R Block or TurboTax told CNBC that they have not seen a deposit as expected. Some good news: Retailers of all stripes offer a better online and mobile checkout experiences. Stimulus Checks Pose Issues For H&R Block, TurboTax. The problem?

Marketing 182

Marketing Payments Bitcoin cryptocurrency 182

PYMNTS

APRIL 5, 2018

retailers (or any foreign players) to establish a strong presence in the Chinese market. For China, the tax hikes target everything from soybeans to aircrafts. retail brand flavor with design elements such as reclaimed wood walls, vintage furniture and inlaid gold accents against the company’s signature green coloring.

Retail 115

Retail US Regional Branding 115

PYMNTS

MAY 25, 2016

“According to Forrester’s eCommerce Forecast 2014–2019 , eCommerce sales are expected to jump to $480 billion by 2019, and mobile purchases are expected to grow to $142 billion this year,” said Stefan Weitz, chief product and strategy officer at Radial. 2015, online fraud is forecast to explode from an estimated $3.1

Fraud 109

Fraud Taxes Retail Tools 109

PYMNTS

APRIL 8, 2020

It has a nice ring for retailers battered by the COVID-19 pandemic. Interestingly, online shopping did not seem to fill the gap of brick and mortar shopping, as goods that were bought online often didn’t reach their destination during lockdown. Retail sales in January and February dropped 20.5 percent from 2019.

Retail 141

Retail Regional Survey Taxes 141

CFPB Monitor

MARCH 14, 2019

The CFPB’s Winter 2019 Supervisory Highlights discusses the Bureau’s examination findings in the areas of automobile loan servicing, deposits, mortgage loan servicing, and remittances. However, the servicer charged late fees based on a percentage of the full periodic payment of principal, interest, taxes, and insurance. Remittances.

Taxes 68

Taxes Leadership Policies Exercises 68

PYMNTS

FEBRUARY 3, 2020

There was lots to watch in the world of payments and commerce last week, with red flags flown in physical retail, international commerce and crypto. Physical Retail Stumbles Into 2020 . The year got off to something of a rocky start for physical retailers, as the recent spike in store closures carried on and even picked up strength.

Bitcoin 132

Bitcoin Data Retail Charlotte 132

PYMNTS

DECEMBER 1, 2020

Three out of every four consumers who shopped for their holiday purchases on Black Friday this year made at least one of those purchases online, and three in 10 exclusively shopped online, according to exclusive PYMNTS Black Friday data. That includes features such as the option to purchase online and pick up curbside (34.2

Online 163

Online Data Comparison Mobile 163

PYMNTS

JANUARY 23, 2020

More than 42 percent of consumers received at least one instant payment in 2019, but such disbursements have a way to go before they are as common as many would like. They may be less common in retail, especially as more purchases move online, but they are holding on as the disbursement methods of choice for businesses.

Payments 141

Payments Industry Online Survey 141

PYMNTS

SEPTEMBER 6, 2019

Trade wars or not, cross-border commerce is among the hottest and most important trends in payments and retail, and that was underscored this week by China-based Alibaba’s announcement that it will buy NetEase ’s cross-border retail platform Kaola for $2 billion. Britain, Denmark and Japan through the company’s global store.

Online 131

Online Retail Operations Report 131

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

JANUARY 1, 2021

Presented by Afterpay and featuring an interview with Daniel Demsky , co-founder of travel clothing retailer Unbound Merino , this report detailed the way installment payment plans’ popularity have surged during the pandemic, and research correctly suggested it would become only more popular during the holiday season. Buy Now, Pay Later.

Trends 259

Trends Video Retail Payments 259