Amazon is the largest online retailer in the US. It accounts for over 40% of e-commerce spending in the last year, followed by Walmart with a lagging 7% of the total online sales. It’s popular because of its excellent customer … Read More
Sending money online has become increasingly popular. Recently, the United States ranked ninth in digital payments, with over 1.2 billion real-time transactions using mobile payment apps. Some of the most popular contactless digital payment tools include peer-to-peer apps such as … Read More
For most people, cards are the most preferred form of payment. A recent survey says almost 60% of consumers in the United States still prefer using debit and credit cards as a convenient payment method. Debit cards deduct money directly … Read More
Cash App is one of the most popular peer-to-peer (P2P) payment apps, with 36 million monthly active users. It’s fifth on the list of the most downloaded P2P payment apps worldwide. PayPal leads the pack with 361 million active users, … Read More
Online food delivery has become a popular way to order food because of its convenience and accessibility. You can get your food delivered with a few taps on your phone within minutes. Almost 112 million Americans have recently used food … Read More
Varo Bank was created in 2015 to fill a gap in online banking. The bank has over 55,000 surcharge-free Allpoint ATMs, no minimum high-yield savings accounts, and no monthly or hidden fees. Varo earned a top spot on Forbes Advisor‘s … Read More
The popular DoorDash food delivery service is available in over 7,000 cities across the United States and Canada. It has over 20 million customers and partners with over 344 restaurants near you. It’s convenient to get your favorite foods delivered … Read More
Online fraud has become a widespread issue among consumers conducting online transactions. Over 3.2 million consumer complaints were filed in 2019, mainly related to identity theft, imposter scams, and mobile services. Of the total, roughly 1.7 million were fraud complaints. … Read More
As of January 1, 2022, the Internal Revenue Service (IRS) imposed new tax rules on digital payment apps such as Cash App, Chime, PayPal, GeenDot, Netspend, Venmo, and Zelle. The new rules include the IRS collecting transaction data for users … Read More
Before making any more purchases, you might want to check your account to avoid a negative balance. It’s been reported that overdraft fees have hit an all-time high record, averaging $33.58 in the past year. You may incur an overdraft … Read More