The COVID-19 pandemic has caused immense harm to many industries. Many places are unable to open, and the ones that can open are doing so with significant restrictions. There’s also the concern of people not feeling comfortable returning to certain public places for fear of the spread of COVID-19. The restaurant and hospitality industry has …
As the pandemic continues and more people turn to online shopping versus running into local convenience stores, the industry has seen a decline of almost 2 percent since 2019. Consumer spending habits changed drastically as everyone tries to stay safe. Fortunately, smart tech helps keep convenience stores relevant in society by thinking outside the box …
Smart Tech Keeps Convenience Stores Relevant as Industry Declines Read More »
As we near the one-year anniversary of the pandemic, it’s apparent that the latest payment trends that took place at swift speeds are here to stay. The most common changes businesses are implementing include contactless payments, ‘buy now, pay later’ options, and increased security protection. In short, small and micro businesses need to cater to …
COVID-19 Payment Trends Are Here to Stay, Says Visa Read More »
Venmo started as a fun way for peers to pay one another, but it’s quickly becoming the payment method of choice at retailers too. Venmo has become a household brand – it’s the brand consumers trust when paying friends and family, and now they want retailers to use it too. While contactless payment options are …
More Consumers Want to Use Venmo at Retail Stores [2023 Update] Read More »
The Paycheck Protection Program is back and supposedly better than before, helping small businesses stay open during the pandemic. If you didn’t make the first cut or were confused by what was required and/or offered, here’s your second chance to get funds to help you stay afloat. Here’s what you need to know. The Requirements …
The COVID-19 pandemic has been tough for a whole lot of industries, and in fact, some have yet to recover from the hurt inflicted. However, the previous year has unexpectedly accelerated the growth of some sectors, including the direct-to-consumer (D2C) markets. 2020 witnessed a sudden shift in the consumers’ behaviors, preferences, and purchasing patterns, compelling …
Direct-to-Consumer Brands Flourished in 2020, 2021 Looks Even More Promising Read More »
The pandemic has been hard on almost all business owners and consumers across the world. With people losing their jobs and expenses rising, millions of consumers have been going through a financial crisis for the last 10-12 months. Such wide economic gaps are compelling buyers to trim their shopping lists and finding better ways to …
Installment Plans Gain Traction Among Consumers, Predicted to Grow in 2021 Read More »
Congress finally passed the much-awaited bill of further COVID-19 relief, which is especially beneficial for small businesses. This second stimulus bill was passed this week and included a second round of PPP loans to support all the affected range of small businesses. The bill is also quite favorable to PPP borrowers as it comes with …
Stimulus Bill Provides Second Round of PPP Loans Read More »
San Antonio-based grocery company H-E-B has recently announced that all of its stores will now accept SNAP EBT (Supplemental Nutrition Assistance Program Electronic Benefit Transfer) payments directly via its mobile app or website, heb.com, for all curbside and home delivery orders. The Process To do so, customers need to already have or sign up for …
Consumers Can Now Pay With SNAP EBT For H-E-B Curbside, Home Delivery Read More »
COVID-19 has changed the way restaurants operate in a big way. In some states, they still aren’t fully operating, which leaves restaurants thinking outside the box longer than they ever thought necessary. 2021 looks like it will shape up much how 2020 ended, which means restaurant owners must continue being creative and figuring out ways …
Restaurant Trends for 2021 – How Restaurants will Succeed Read More »
More than 100,000 restaurants have closed since the start of the pandemic and as many as 40% of restaurant owners don’t think their restaurant will make it through the winter if things continue the way they are going according to the National Restaurant Association. The pandemic isn’t just affecting independent restaurants either. Chain restaurants are …
Restaurants Feeling the Negative Effects of the Pandemic as Winter Approaches Read More »
If there’s one industry that’s been hit the hardest in COVID-19, it’s restaurants. Between the stay-at-home orders, limited capacities, and stark regulations to stay open, many restaurants are suffering with low restaurant sales. Luckily there are ways to save your business and boost sales. Check out our top tips below. Offer online ordering Everyone does …
Five Ways to Boost Restaurant Sales During COVID19 Read More »
COVID-19 has affected restaurants harder than many other industries mainly due to the lack of cash flow. Not that restaurants aren’t making the money, they just make it differently. Most payments are electronic to avoid the risk of passing germs with cash (not necessarily because of the lower accessibility of it). That leaves restaurant owners …
Tipping Goes Virtual as COVID19 Impacts US Restaurants Read More »
Today, shopping retail and even picking up food at a restaurant looks different. Most customers prefer contactless payments and curbside pickup. They are the norm – they are expected. Contactless payments are just one more way to reduce the risk of sharing the virus. With less cash flowing around, the risk lessens, especially when consumers …
COVID19 Drives Adoption of Contactless Payments and Curbside Pickup Read More »
This is an article about how Merchants can succeed during the 2020 Holidays
Putting further pressure on credit cards, AfterPay now offers support for Apple Pay and Google Pay in select US retailers starting in July 2020. The Australian-based mobile app that offers “Buy Now, Pay Later” (BNPL) installment options, AfterPay is offering Apple Pay online and in physical stores and Google Pay as an in-store option in the U.S. …
AfterPay Announces In-Store Availability for Apple Pay and Google Pay Users Read More »
Contactless payments allow consumers to pay for goods or services without needing to physically swipe a card in a machine or pass the card to another person. By tapping a phone or card on or near a terminal, near-field communication (NFC) enables the consumer to transmit payment information without physically touching anything. For a variety …
Everything You Need to Know About Contactless Payments During COVID-19 Read More »
The Coronavirus pandemic has been wreaking havoc on the hospitality industry worldwide. However, some unexpected casualties are on their way for the US as a surprisingly large percentage of its restaurants decline and are forced to shutter their doors permanently. Due to a mix of lockdowns and social distancing restrictions, many restaurants have frantically tried …
How Will the Pandemic Change the Landscape for Restaurants in the US? Read More »