PYMNTS

OCTOBER 20, 2020

Business roadmaps predating 2020 aren’t much use these days, however, as COVID has altered the terrain. Very recently, the fourth annual How We Will Pay 2020 study, done by PYMNTS in collaboration with Visa (more from that in a minute) gave new context to the shifters. At least in 2020, we know where people are shopping.

Consumer 88

Consumer Shutdown Returns Economy 88

PYMNTS

DECEMBER 23, 2020

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. China’s economy returned to growth in the second quarter and is now the only leading economy to show significant growth in 2020, with GDP growing 0.7%

Economy 69

Economy Returns Shutdown Small Business 69

PYMNTS

MAY 22, 2020

Boston’s Petit Robert Bistro , one of the city’s fanciest French restaurants, started 2020 with expectations that were anything but small. Le Garrec described his initial experience of the shutdown as something of a mad dash for survival. But will the consumers actually return? This is what it has been like all the way through.

Shutdown 97

Shutdown Returns Checks On-Demand 97

PYMNTS

SEPTEMBER 7, 2020

The year 2020 began inconspicuously — but in a few short weeks, everything changed. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. It’s a shift that will almost certainly continue into the autumn and winter months towards the closure of 2020.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

MARCH 30, 2020

For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. The boutique shops that lined Main Street USA, which got nearly all of their business face-to-face in their stores, expected that 2020 would be another great year. And without any certainty about when demand may return.

On-Demand 92

On-Demand Credit Cards Returns Shutdown 92

PYMNTS

MAY 14, 2020

million from the program intended to boost small businesses who can’t make money due to the pandemic-related nationwide shutdowns. million in April 2020 through an ongoing agreement. And there’s a deadline of May 14 for companies to return funds they didn’t need with amnesty. Healthy drink company New Age Beverages took $6.9

Small Business 58

Small Business Shutdown Returns Treasury 58

PYMNTS

MARCH 12, 2020

There seem to be countless sources of collateral damage associated with the unexpected appearance of COVID-19 in early 2020 – the shutdown of production in China, the ripples through the global supply chain, the virtual zeroing out of the travel and events vertical and the carnage on Wall Street.

Innovation 113

Innovation Cross-Border Shutdown Economy 113

PYMNTS

NOVEMBER 30, 2020

With COVID-19 case counts on the rise and shutdowns going back into effect in an increasing number of states, the already rocky road restaurants had ahead of them looks to have gotten more treacherous. is strategically important to us, and it will be our primary focus in 2020,” Eric Liu , CEO of HungryPanda, said of the investment. “We

Innovation 60

Innovation Shutdown On-Demand Returns 60

PYMNTS

MAY 7, 2020

The spread of the coronavirus has led to a halt of Major League Baseball, the National Hockey League and the National Basketball Association, and raised questions about whether the 2020 National Football League season will take place this fall. It might be two seats on either side – and then one in front, one behind.” .

Shutdown 52

Shutdown Ubiquitous On-Demand Returns 52

PYMNTS

JUNE 27, 2020

And thus, as eateries worldwide are reorienting themselves toward the grand reopening of human civilization in the summer of 2020, restaurants have spent the last several weeks getting really inventive when it comes to bringing consumers to their doors. . But what is “normal?”. Really, really inventive.

Contactless Payments 124

Contactless Payments Innovation Consumer Shutdown 124

PYMNTS

JUNE 8, 2020

But finally, pro sports look set for a return. That’s good news, because of all of the things people have missed during the shutdown, many sports fans have suffered especially acutely. Those teams won’t see the court again until the 2020-21 season opens, which the NBA has said could start on Dec. 1 rather than the usual October.

Returns 53

Returns Agreements Shutdown Compromise 53

PYMNTS

NOVEMBER 24, 2020

Will consumers keep ordering cookable meals when the easier option of dining out returns? Grocery retailers and restaurants hit hard by the pandemic have also looked to meal kits as a potential business to pursue during the shutdowns. Consolidation in the Market. Whole Foods, Kroger and Walmart have all jumped on board the trend.

Economy 85

Economy On-Demand Shutdown Consumer 85

PYMNTS

NOVEMBER 16, 2020

is relatively stable and, honestly, somewhat relatively better than we might have feared back in the height of the pandemic in the second quarter of 2020,” Marianne Lake, chief executive officer for consumer lending at J.P. “The consumer here in the U.S. Morgan Chase & Co., 9 at a virtual investor conference.

NOV 56

NOV Shutdown Addressing Economy 56

PYMNTS

JUNE 10, 2020

That means that between June 1, 2020 and January 1, 2021, 21,000 more stores will shutter. Maybe a more limited offline retail shutdown will make real estate more attractive to the Rent the Runways and Amazons of the world. That includes 900 Pier 1 locations and some other more minor liquidations. And who knows?

Shutdown 52

Shutdown Consumer Research Advisors 52

PYMNTS

OCTOBER 19, 2020

The pandemic and its unexpected duration have put an exclamation mark on this powerful dynamic in the physical world by accelerating the demise of the shops, malls and restaurants that were already on shaky ground in January of 2020. And it may not for a long time. The hustle on Newbury Street has lost its bustle. Reimagining Main Street.

Blocks 79

Blocks Consumer Returns Small Business 79

PYMNTS

APRIL 22, 2020

That leaves the public broadcasting service facing a revenue shortfall for 2020 of between $12 million and $15 million. percent of consumers required a vaccine to be available before they would return to their routines, up from 40.5 Among those we spoke to, only 47.9 Our analysis shows that 48.8 percent on March 27 and 39.7

Shutdown 58

Shutdown Consumer Procedures Returns 58

PYMNTS

JULY 2, 2020

Even before any official shutdowns, 43.8 That tracks roughly with expectations around the idea of “normal” returning, but 10 percent of respondents don’t think the old normal is coming back at all. The one thing everyone agrees on is that the second half of 2020 is still a mystery. Similarly, 49.4

Returns 52

Returns Consumer Research Shutdown 52

PYMNTS

MAY 28, 2020

The world of retail as summer 2020 approaches is a very different place than it was when spring started, flipping nearly entirely to digital over the eight short weeks that the coronavirus has prompted store closures. The goal is to create an experience worth returning to — because in retail, the return buyer is the key to success. “We

Rules 58

Rules PayPal Returns Contactless Payments 58

PYMNTS

MAY 4, 2020

A decision to reopen, even partially, must weigh the economic impact of keeping the economy locked down against the availability and effectiveness of treatments that will mitigate or eliminate the risk of another serious outbreak, as well as illness and deaths, within months of reopening – and the potential for another shutdown.

Economy 83

Economy Consumer Risk Returns 83

PYMNTS

NOVEMBER 19, 2020

With COVID-19 infection rates once again on the rise, and shutdown looming or already in effect in an increasing number of places, consumers’ instincts to buy up all the toilet paper has once again returned, according to a recent report from The Washington Post. Another Round of Toilet Paper Hoarding .

On-Demand 57

On-Demand Shutdown Consumer Participant 57

PYMNTS

APRIL 22, 2020

During the earnings discussion, Ted Sarandos, chief content officer, said that “within a few days of the shutdowns, we had production up and running remotely, post-production up and running remotely, animation up and running remotely, pitch meetings happening virtually and writers’ rooms assembling virtually.”

Shutdown 56

Shutdown Returns Product Posting 56

PYMNTS

APRIL 13, 2020

The 67 percent of Main Street SMBs who told us on March 24 that they expected their business performance to be the same or better in 2020 than in 2019 found their businesses nearly 100 percent supply and demand constrained. will be able to return to normal in November. All at once, and all at the same time. November is 8.5 months away.

Payroll 115

Payroll On-Demand Returns Economy 115

PYMNTS

APRIL 27, 2020

The challenges of reigniting the economy after nearly two months of a near-total shutdown of the physical world, and probably a longer partial shutdown, is a lot like the ones faced by an entrepreneur with a platform business that she wants to ignite and scale. In other words, for most of 2020. It may also be wishful thinking.

Economy 93

Economy Shutdown Consumer On-Demand 93

PYMNTS

APRIL 16, 2020

SMB owners do not believe they will survive the great shutdown of 2020, while another third are starting to have serious doubts about their odds. percent consumers said the wide release of a vaccine is the most important factor in making them feel comfortable returning to work, while 26.9 percent of consumers favored.

Consumer 58

Consumer Economy Returns Governance 58