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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.

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

In the stock market, sometimes sizzlers keep sizzling, especially when online sales are in the offing. FinTech : Amid JPMorgan Chief Jamie Dimon’s letter to investors — heavy on the cautionary statements about America and its domestic challenges — one eye-popping stat stood out. Visa is also expanding its global footprint.

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Mobile: Why Smartphone Banking Usage Rates Have Stalled

Fintech Labs Insights

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. Note: The online survey was fielded in December of each year. But even that paltry 20 absolutely blows away my Bank of America Alaska Airlines card which still has NO mobile transaction history.

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