Payments NewsGovernment Payments Archives - Payments News

Instacart, in partnership with ALDI, will support SNAP EBT for online groceries

October 22 2020

in
Government Payments

“Instacart is making its grocery delivery and pickup services more accessible to lower-income customers by offering customers the ability to pay for groceries using their SNAP (Supplemental Nutrition Assistance Program) benefits. This is the first time Instacart shoppers have been able to use government assistance programs when paying for groceries, and follows earlier moves by […]

Domains

Pandemic Aid Swelled Savings of the Unemployed, Study Shows. Now They Are Running Low.

October 16 2020

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Government Payments

“Emergency pandemic relief doubled the savings of unemployed Americans over the spring and summer, but most of that cushion was depleted by the end of August, new research shows. In a study released Friday, economists at the University of Chicago and JPMorgan Chase Institute looked at how economic-relief measures enacted this year, including an extra […]

Domains

Fraud Schemes Exploit Weak Spots in Unemployment Claims System

October 2 2020

“The for-sale ad appeared last week in an underground internet bazaar that specializes in selling stolen accounts and data. It was for access to a filched unemployment insurance claim in California that had been approved and offered benefits worth $17,550. The black-market sale of jobless benefits is just one sign that the unemployment insurance system […]

Domains

House Democrats Push to Renew Efforts for Second Round of $1,200 Stimulus Checks

September 23 2020

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Government Payments

“The stimulus stalemate has left lawmakers at odds over how to get more relief to millions of Americans who need it. Earlier this month, Senate Republicans attempted to get a smaller bill through Congress as the standoff between both parties continued. But that relief bill did not include a second round of $1,200 stimulus […]

Domains

COVID-19 and the Income Domain

August 13 2020

“The Income Domain consists of payments to individuals for salary, benefits, rebates, and expense reimbursements. In the U.S., these payments are made primarily via direct deposit through NACHA’s ACH system, and to a lesser extent, paper checks and payroll cards. This final installment in our COVID-19 Impact series explores the challenges and opportunities confronting government and […]

Domains

Some Stimulus Checks Didn’t Include $500 for Dependents. Now the Government Is Sending Those Payments

August 7 2020

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Government Payments

“Some Americans who qualified for stimulus checks received an unwelcome surprise when the $500 payments for their children under 17 were not included. Starting today, the U.S. government plans to send out the missing cash. That applies to those individuals and couples who are not required to file a tax return and used the […]

Domains

Why Changing Unemployment Payments Could Take Months

July 31 2020

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Government Payments

“There are 53 different unemployment systems across the United States and its territories, all of them inundated with record numbers of unemployment claims , and they all have different ways of calculating and handing out benefits. As of now, they all dispense their normal unemployment checks, which vary based on the state and how much […]

Domains

Second Stimulus Payment Could Deliver Cash Even Faster

July 24 2020

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Government Payments

“Congress is poised to approve a second round of stimulus payments for U.S. households, and money could reach many Americans faster this time. The Internal Revenue Service now has procedures, online tools, bank-account information and coordination with other agencies that it didn’t have set up in advance when the first round of payments was approved […]

Deals

Paya Announces Strategic Acquisition of The Payment Group

September 21 2020

“Paya , a leading provider of integrated payment and commerce solutions, has announced that it has signed a definitive agreement to acquire The Payment Group (“TPG”). TPG provides integrated payment solutions to more than 600 utility and municipal government clients, linking all payments with their existing accounting and business management software. This marks Paya’s second acquisition in the […]

Domains

13.9 million Americans to receive IRS tax refund interest; taxable payments to average $18

August 18 2020

in
Government Payments

“This week the Treasury Department and the Internal Revenue Service will send interest payments to about 13.9 million individual taxpayers who timely filed their 2019 federal income tax returns and are receiving refunds. The interest payments, averaging about $18, will be made to individual taxpayers who filed a 2019 return by this year’s July 15 […]