Payments News

On The Web

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U.S. to Spend $10 Billion to Boost Small Businesses

“The U.S. is planning to hand out $10 billion to help upstart companies gain access to capital in a bid to rev up business in disadvantaged communities and spur a broader economic recovery from the pandemic. The State Small Business Credit Initiative will direct money to states, territories and tribal governments for programs that provide […]
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Lawmakers Begin Talks on Another Round of Coronavirus Relief for Businesses

“Democratic and Republican lawmakers have held early discussions about another round of coronavirus stimulus spending as they seek to blunt the fast-spreading omicron variant and its threats to public health and economic recovery.  The efforts have focused primarily on authorizing billions of dollars to help an array of businesses — including restaurants, performance venues, gyms […]
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Stop & Shop Adds Online EBT Shopping in Four States

“Stop & Shop, a New England grocer with more than 400 stores, said it is enabling online orders for pickup and delivery for customers using electronic benefits transfer payment services in four states. The Quincy, Mass.-based grocer, which is owned by Ahold Delhaize USA Co., said consumers using SNAP (Supplemental Nutrition Assistance Program) EBT benefits […]
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Instacart Expands Online Food-Stamp Payments, Challenging Rivals

“Instacart Inc. is increasing the number of stores where it accepts online payments for Supplemental Nutrition Assistance Program participants, moving the online grocery delivery giant into competition with Amazon.com Inc. and Walmart Inc.. for a growing pool of consumers using federal assistance to buy food online. The San Francisco-based startup is partnering with three retailers, […]
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Why Can’t Stimulus Checks Arrive Faster?

“In April 2020, the Treasury Department made the first pandemic-related stimulus payments within weeks of the bill being signed into law, instead of months, like similar payments in 2008. By the third round of payments in March 2021, the first wave of money landed in bank accounts within a week of the bill becoming law. […]

On The Wires

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Paya Announces Launch of PayaGov

“Paya (NASDAQ: PAYA), a leading integrated payments and commerce solution provider, today announced the launch of PayaGov, the company’s solutions and domain experts serving government agencies, municipalities, and service providers. The launch is a key milestone in the strategic alignment of Paya’s market-leading government and municipality franchises, and reinforces Paya’s commitment to, and position in, […]
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WEX Signs New Fleet Card Agreement With the State of Minnesota

“WEX (NYSE: WEX), a leading financial technology service provider, today announced it has been awarded and entered into the state-wide fleet card contract with the State of Minnesota through the NASPO ValuePoint Master Agreement. WEX is proud to expand its extensive government contract portfolio and continue working with state-wide fleets.NASPO ValuePoint is the cooperative purchasing […]
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MetaBank® Serves As Agent for Distributing Prepaid Debit Cards As Part of Economic Impact Program

“Meta Financial Group, Inc.® (Nasdaq: CASH) (the “Company”) today announced that MetaBank®, N.A. (“MetaBank” or the “Bank”), a wholly-owned subsidiary of the Company, has again been asked to disburse Economic Impact Payments (“EIP”) through the distribution of prepaid debit cards under a program authorized by the U.S. Congress through the American Rescue Plan Act of 2021 […]