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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

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There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. Snap Accounts Payable, otherwise known as SnapAP, has announced the completion of the first stage of funding from angel investors as it continues on its way toward a planned $2 million seed investment round.

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Today In Payments: PNC Advances $11.6B BBVA Purchase Deal; US Economic Forecasts Grim Amid Escalating COVID-19

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Plus, Mastercard announced a new Account-to-Account service to its Track Business Payment Service. US Economic Forecasts Grim Amid Escalating COVID-19. Fears of economic freefall are mounting as the U.S. Mastercard Boosts Business Payments With Account-To-Account. unit for $11.6 PNC Advances $11.6B

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How Online Sales Tax Impacts Different eCommerce Models

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Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. In fact, the 75 largest online retail marketplaces in the world were responsible for nearly half of all global eCommerce sales in 2017. that would surpass any thresholds for being exempted from economic nexus taxes.

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The Future Of Buy Now, Pay Later And eCommerce In Retail

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Consumers want to invest in high-end items and home improvement projects to enhance their surroundings even amid economic concerns. 15,000: Minimum count of merchants or brands that are offering or plan to offer BNPL. 85%: Proportion of retail sales that stores accounted for as of 2019. All this, Today in Data. launch in 2018.

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Deep Dive: Pandemic Boosts Demand For In-Store And eCommerce BNPL Options

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The pandemic-related economic downturn is making consumers wary of payment methods that can worsen their debts. however, as 30 percent of the nation’s consumers have such accounts. consumers have experienced stress about purchasing expensive items, yet 85 percent are interested in interest-free BNPL plans at their preferred retailers.

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Cash Out: PhonePe On India’s Mobile Payments Adoption

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The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll quickly, as employees are facing greater financial strains that may make them more eager for prompt salary disbursements. Around The World Of Smarter Payments. Deep Dive: How Prepaid Cards Ease Employees' Payroll Pains.

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Big Tech Compliance Tracker: EU Watchdogs Make ‘Big Tech Hit List’; France To Go Ahead With Digital Services Tax Plan

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Keijzer serves as the state secretary for economic affairs and climate policy for the Netherlands, while O is the secretary of digital transition and electronic communications for France. France Will Proceed With Controversial Digital Services Tax Plan. EU Watchdogs Create ‘Big Tech Hit List’. OECD’s Tax Reform To Be Presented To G20.