Remove Cards Remove Management Remove Retail Remove Taxes
article thumbnail

Gift Cards A Taxing Problem? Not Necessarily Says Tango Card CCO

PYMNTS

And when it comes to rewarding employees with a holiday or other work anniversary reward, the last thing businesses need is to have their generosity become a tax headache. However, he added, the tax implications should not exceed the cost and purpose of the present. “We The Wild West. Awesome … My Fourth Water Bottle.

Taxes 233
article thumbnail

Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Behind Sysco’s Spend Management Switch To Cards. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Trackers and Reports.

Taxes 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Smarter Payment Tools Make Filing Taxes Less Taxing

PYMNTS

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. The average federal tax refund is $2,960 — $3,091 for direct deposit filers — as of March 2018.

Taxes 100
article thumbnail

 Netspend On How Increased Security Demands Spur Virtual Card Adoption

PYMNTS

Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach. Virtual Card Payment Trends. Netspend observed many more of its prepaid card customers activate virtual wallet capabilities during the pandemic.

Cards 151
article thumbnail

Wirecard Partners With India To Create Digital Taxpayer ID Cards

PYMNTS

Wirecard, the global digital financial technology company, announced on Wednesday (May 22) that it has partnered with India’s government-owned UTI Infrastructure Technology and Services Limited (UTIITSL) to facilitate the issuing of physical and digital taxpayer identification cards. The cards can also be used as proof of identity.

Cards 122
article thumbnail

If Cash Won’t Die, Why Not Manage It Better Digitally?

PYMNTS

Cash is easily stolen, lost, laundered, hidden from the tax man, and rendered unhip by P2P and other rising mobile payment methods. Better Cash Management? Woe to any retailer or service provider that turns its back to such a potential consumer base — or pool of labor. Seemingly important patterns and precedents are being set.

article thumbnail

Money Management During The Coronavirus Crisis

BankBazaar

Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Also know the tax implications of the liquidation as well as the costs of liquidation such as penalties or exit loads. Unemployment has risen to unprecedented levels globally.