RTP network reaches 56 pct of US DDAs, Digital Dollar stablecoins challenge bitcoin, The state of Main Street businesses

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September 11, 2020

Main Street’s Six-Month Checkpoint

NEW DATA: The State Of Main Street Businesses Six Months Into The Pandemic

Here’s some good news: More than half of all Main Street businesses now say they’re optimistic about their survival. But while these businesses are feeling more confident, a lack of capital could leave more than two-thirds at risk of a cash flow crisis that could cloud their future. PYMNTS’ new Main Street’s Six-Month Checkpoint report is the latest in our series of Main Street business studies that also shed light on the five measures that can help keep Main Street businesses healthy and thriving.

 

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#KillTheCheck

Why It Will Take Time For Real Time Payments To Truly Kill The Check

Will real time payments be what finally kills the check? Yes, but not for a while, Ingo CEO Drew Edwards tells Karen Webster. Instant isn't directly replacing checks in most places where it’s getting traction; it’s replacing ACH and other slow but still digital methods. The market will get there, he noted, but it's going to take treasury banks committing to making some major process changes to finally #killthecheck for good.

 

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PYMNTS TV

Circle’s Allaire On The Roadmap For Digital Dollar Stablecoins — And Programmable Money

There’s bitcoin and there are digital dollar stablecoins, and only one is poised to make the leap from hypothetical to a broadly adopted payments method in P2P, C2B and B2B commerce, says Jeremy Allaire, CEO of Circle. He tells Karen Webster that digital dollar stablecoins are ready to do that, since they already have some important use cases.

 

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Digital Shift

Chairish CEO On How COVID-19 Is Redesigning Home Design

Home goods and furnishings have gotten an incredible boost from the pandemic as many consumers use money they didn’t spend on vacations or restaurant meals to buy things for their households, Chairish CEO Gregg Brockway tells Karen Webster. He says the next challenge for home-goods sellers will be figuring out how double-down on digital amid a new normal that will likely look very different than what came before.

 

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Grocery Delivery

How Grocery-Delivery Firm Weee! Grew 600 Pct In A Year

Think of Weee! as a Blue Apron for the Asian-American community. CEO Larry Liu tell PYMNTS that online grocery should be social and fun, and $35 million in funding — and 600 percent year-on-year growth — confirms his sentiment.

 

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Buy Now, Pay Later Tracker

Report: How Installment Payment Options Help Small Retailers Play Big

Small retailers are competing in an increasingly crowded eCommerce space, but offering payment options that resonate with consumers’ financial needs can give them a boost, says Markesha Tillman, founder of women's clothing eTailer The Slay Brand. In this month’s Buy Now, Pay Later Tracker, Tillman discusses how installment payment plans can help small businesses level the playing field with large eTailers and attract a wider customer base.

 

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What's Hot


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Best Of Yesterday 


Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims


New Data: Three-Quarters Of US Consumers Show Concerns About Using Face ID When Opening Accounts Online


Finding Voice Commerce’s ‘Hero’ Use Case


 

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