Remove Online Remove Regional Remove Retail Remove Taxes
article thumbnail

Who Pays A Higher Price For Online Sales Tax?

PYMNTS

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal.

Taxes 102
article thumbnail

Local Governments Move In On Retail Vacancies

PYMNTS

It was supposed to be a thriving retail center in Milwaukee when it was built seven years ago. It’s one approach to a growing retail vacancy issue that local governments are getting more aggressive in trying to solve. has hiked the normal commercial property tax rate on vacant property from between $1.65 But it never happened.

Retail 135
Insiders

Sign Up for our Newsletter

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

article thumbnail

Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

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 . Shopping on mobile devices has increased 7.7

Online 176
article thumbnail

Dubai Creating $870M Free Trading Zone For eCommerce

PYMNTS

Having previously identified the region’s growing eCommerce market and given the traction witnessed by clients (going) online due to the pandemic, we are on track for the scheduled opening by the end of 2020.”. DCC is the first eCommerce free zone to foster retail growth in the Middle East and North Africa (MENA) region.

Regional 266
article thumbnail

Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Digital fraud is a long-running problem for merchants, retailers, banks and businesses of all types. Twenty-two percent of Americans have reported being targeted by pandemic-related fraud, for example, such as schemes involving fake personal protective equipment (PPE) merchants or fraudsters impersonating tax officials.

Fraud 255
article thumbnail

Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

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
article thumbnail

Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

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