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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

Taxes 100
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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130
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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. The situation creates something of a catch-22 for those in the lowest tax bracket — can’t stop being poor with saving, can’t save money until one stops being poor. Is there any way out of that?

Online 100
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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. THE BANKING AWARDS.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry is dealing with is leading to some improvisation, and even government-backed experimentation. Oregon stands as another example. 1, 2019 through June 30, 2023.

Oregon 136