EML and Nuapay Will Showcase A Funds Revolution At Cash 20/20 Europe Subsequent Week

LONDON–() – EML Payments (ASX: EML) (S & P / ASX 200) and Nuapay will sponsor the # M2020EU at the RAI Amsterdam Convention Center in the main business district of the Netherlands, demonstrating a smooth showcase of revolutionary payments and open banking technology in action.

The EML and Nuapay teams are counting the days until they introduce the future of payments for the first time, combine both business technologies under one roof and welcome attendees to their unique and immersive experience at booth A108.

” Participants will experience firsthand how combined; we are the next global force in the open banking and payments ecosystem, ” said Brian Hanrahan, CCO at Nuapay.

“We are changing the user experience with our payment and open banking products internationally, as the fintech universe will observe,” confirms Sarah Bowles, Group Chief Digital Officer at EML.

This year’s visitors to Money 20/20 Europe can benefit from improved COVID-19 related safety and hygiene measures for events and can use the EML and Nuapay discount code: EML200.

Via EML payments

EML provides an innovative payment solutions platform that helps companies around the world create great customer experiences. Wherever money is in motion, our agile technology can support the payment process so that money can be moved quickly, conveniently and securely. We offer market-leading program management and highly qualified payment expertise to develop customizable, feature-rich solutions for companies, brands and their customers.

Nuapay is the open banking product suite that EML will strengthen with the acquisition of Sentenial.

Come and discover the many possibilities our platform offers by visiting us: EMLPayments.com

International Funds and Virgin Cash Kind Strategic Alliance to Redefine the Way forward for Digital Commerce

New payment ecosystem to expand networked commerce and provide an integrated suite of digital functions

ATLANTA, September 08, 2021 – (BUSINESS WIRE) – Global Payments Inc. (NYSE: GPN), a global leader in payment technology and software solutions, and Virgin Money, one of the UK’s leading financial services groups, today announced an agreement to leverage Global Payments’s unique two-sided network to deliver market-leading digital payment experiences to Virgin Money customers worldwide.

This press release contains multimedia. Check out the full version here: https://www.businesswire.com/news/home/20210908005232/en/

The companies announce that they are working on the launch of a new connected payments offering that will bring a seamless experience for Virgin Money consumers and merchants. This new salary offering would expand trading and provide an integrated suite of digital skills.

“We have an unmatched global position that connects both sides of the payments ecosystem and enables us to completely transform the digital commerce landscape,” said Jeff Sloan, chief executive officer, Global Payments. “This new payment solution will reimagine the entire interaction between merchants and their customers, virtually and physically, in order to reduce friction, create added value and promote extraordinary experiences on an omnichannel basis.”

“Expanding our partnership with Global Payments enables us to bring all of our credit and debit cards together on a single platform. Working together allows us to leverage their expertise across the payment ecosystem, combined with our focus on customer experience and being one of the world’s best-known brands, gives us the ability to develop new digital payments offerings to enhance the experience for our millions of private and Business customers as we continue to transform the status quo of UK banking, “said David Duffy, Chief Executive Officer of Virgin Money UK.

Virgin Money will be able to access end-to-end lifecycle data through the new payments offering in its companies to gain better insights into buying patterns and trends in order to bring new products and services to market that directly meet customer needs and which Improve the customer experience journey.

The story goes on

As part of this partnership, Global Payments will act as the exclusive trading services provider for Virgin Money, offering cutting-edge acquiring technology to its large customer base. In addition, Global Payments will expand its longstanding relationship with Virgin Money through its TSYS Issuer Solutions segment. This will create a single unified platform that will add all of Virgin Money’s debit business to its current credit solutions under a new agreement that extends into the next decade, subject to regulatory approval.

About global payments

Global Payments Inc. (NYSE: GPN) is a leading payment technology company providing innovative software and services to our customers around the world. Our technologies, services and the expertise of our team members enable us to offer a wide range of solutions that enable our customers to run their business more efficiently through a variety of channels around the world.

Global Payments, headquartered in Georgia and with nearly 24,000 team members worldwide, is a Fortune 500® company and a member of the S&P 500 with global reach in over 100 countries in North America, Europe, Asia Pacific and Latin America. For more information, visit www.globalpayments.com and follow Global Payments on Twitter (@globalpayinc), LinkedIn and Facebook.

Via Virgin Money UK

Virgin Money UK is a full service digital bank serving 6.5 million customers across the UK. It offers market-leading products and services to meet the full range of customer needs in private and business customers. Virgin Money aims to provide customers with a consistently first class experience through its leading technology platform, telephone banking and a national network of innovative stores and commercial banking centers. By improving its banking business, Virgin Money seeks to serve its purpose of “making you happier with money.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20210908005232/en/

contacts

Investor contacts:
Winnie Smith 770.829.8478
investor.relations@globalpay.com

Richard Smith +44 7483 399 303
contact@ir.virginmoneyukplc.com

Media contacts:
Emily Edmonds 770.829.8755
media.relations@globalpay.com

Simon Halle +44 7855 257 081
press.office@virginmoneyukplc.com

Helicopters, money funds and a brand new public well being lab: How state businesses suggest spending Virginia’s rescue fund cash

The Virginia Capitol at sunrise. (Ned Oliver/ Virginia Mercury)

Virginia has $4.3 billion in federal aid to spend and no shortage of ideas.

State agencies hoping to tap into American Rescue Plan funds have submitted wish lists that top more than $18 billion, floating proposals ranging from new helicopters for Virginia State Police to $1,000 cash payments for essential workers. 

Gov. Ralph Northam’s administration hasn’t committed to specific line items, but lawmakers are scheduled to convene next month for a special legislative session to decide how to spend the money. 

Discussions are ongoing over whether some of the requests are or aren’t eligible for the federal dollars, which are supposed to have a direct link to the negative effects of the pandemic.

Furthermore, the federal government has earmarked certain funds for specific purposes, such as combating student learning loss due to schools going virtual during the pandemic. And because the state can spend the funds over several years, policymakers may choose to set some money aside to adapt to future needs. Federal dollars put toward some initiatives may also free up state dollars for others not eligible for relief funding.

Most of the spending proposals put forward, from vaccine outreach and utility assistance to fixing the unemployment system and broadband investment, won’t come as a surprise. 

Other spending suggestions are a little less intuitive — or show agencies trying to use the sudden influx of funds to advance efforts that may have been back-burnered in tighter budget years. 

Here’s a sampling of the proposals that caught Mercury reporters’ eyes.  

Compensation for essential workers
Price tag: $800 million

Labor proposals include a suggestion to give $1,000 “hero grants” to low-wage essential workers who stayed on the job during the pandemic.

The funding request for $700 million doesn’t specify exactly which types of workers might qualify, but notes that “premium pay” for essential workers is an explicitly authorized use of the funds.

Higher education officials have also requested up to $100 million for “hero scholarships” to help essential workers who want to further their education. The proposal suggests giving up to $5,000 per year to assist essential workers with getting a GED or college degree.

Jason Chadwick, left, who has worked for Kroger for 20 years, leads other workers in a chant demanding the reinstatement of hazard pay during a protest outside of the Kroger on Lombardy in Richmond, Va., September 3, 2020. (Parker Michels-Boye / For the Virginia Mercury)

COVID resources for non-native English speakers
Price tag: $21 million

A persistent complaint throughout the pandemic has been the state’s dependence on automatic (and often shoddy) translations to provide information about the spread of COVID-19 and roll out of vaccines to non-English speakers.

The approach at one point led the Virginia Department of Health to inform Spanish speakers that “the vaccine is not necessary” where English speakers were informed that it is not required.

Northam’s Office of Diversity, Equity and Inclusion proposes setting aside $5 million a year to pay for translation services, as well as hiring a coordinator to create a statewide language access plan for translation needs for state agencies. The office also proposes hiring two full time American Sign Language interpreters and a coordinator dedicated to “incorporating people with disabilities and other access and functional needs” into the state’s emergency and recovery plans.

The rescue fund money would cover four years of work.

A bailout for the state’s unemployment trust fund
Price tag: $1.3 billion

One of the biggest single requests comes by way of the Virginia Employment Commission, which wants $1.3 billion to restore the state’s unemployment trust fund to pre-pandemic levels.

The state relies on the fund to pay for unemployment benefits, which saw an unprecedented 1.3 million initial claims last year and another 300,000 already this year — more than double the applications for assistance the state saw in all of 2019.

The fund would otherwise be rebuilt through a series of hefty payroll tax increases on businesses. And state leaders and the business community have already called heading that off a top priority.

A parking lot outside a UVA dorm was filled with hundreds of state police cruisers in advance of the one year anniversary of the Unite the Right rally in 2017. (Ned Oliver/Virginia Mercury – Aug. 8, 2018)

Body cameras and helicopters for state police
Price tag: $40 million

In one of the more tangentially pandemic-related requests, Virginia State Police asked for $19 million to roll out body cameras to their officers.

The department argued that “vulnerable social populations” have seen some of the biggest impacts from COVID and have some of the lowest rates of vaccine acceptance “due to fears and skepticism towards government resulting from systemic marginalization.”

The agency proposes that body cameras will help because they foster transparency that in turn “will establish trust in government and mitigate future spread of COVID-19.”

Their justification for requesting two new helicopters at a cost of $21 million was more clear cut. The agency says they will replace two older units currently used for medical evacuation flights that were “experiencing unacceptable downtime” and “impacting the department’s ability to provide air ambulance services during the COVID-19 public health emergency.”

Highway improvements between Richmond and Williamsburg
Price tag: $100 million

The only major road project included in the funding requests is the continued widening of Interstate 64 between Richmond and Williamsburg.

Specifically, transportation planners are suggesting $100 million to help with the costs of widening the interstate in a 29-mile stretch between New Kent County and Williamsburg.

Mitigating congestion on I-64 has been a top priority for Hampton Roads-area leaders.

The request specifies that the new improvements would begin around Exit 205 in New Kent, where a previous widening project between Richmond and New Kent ended in 2019, and continue to exit 234 near Williamsburg.

Capital projects unrelated to COVID-19 generally aren’t intended to be funded through the American Rescue Plan, but the act gives states leeway to spend money on things like roads if the pandemic affected government revenue sources that would typically pay for them.

Mapping overlaps between historic inequities and urban green spaces
Price tag: $500,000

In 2020, a study co-authored by Science Museum of Virginia chief scientist Jeremy Hoffman made national headlines when it found that neighborhoods federal housing officials historically classified as “hazardous” because of their high proportion of low-income and minority residents are hotter than other neighborhoods

The classification, known as redlining, was used by the federal Home Owners’ Loan Corporation between the 1930s and 1968 to guide banks on granting mortgages to homebuyers and led to wide racial gaps in homeownership. 

It also contributed to higher temperatures today in historically minority or disadvantaged neighborhoods, where shade-providing trees are in short supply and large swathes of land have been paved. 

Now the Virginia Department of Forestry wants to use $500,000 to develop heat island maps that pinpoint where higher temperatures overlap with formerly redlined neighborhoods. 

The agency says that “federal guidance aligns funding” with projects such as those that aim to create green infrastructure and improve water quality, both of which can be achieved by planting trees and other flora. 

An electric vehicle charges at a public station in Henrico County, July 2020. (Sarah Vogelsong/Virginia Mercury)

Electric vehicle infrastructure
Price tag: $33.3 million

With federal guidelines allowing funds to be used to replace lost public sector revenues for services including infrastructure, the Department of Transportation is proposing a hefty investment of $33.3 million in electric vehicle infrastructure. 

Democrats in the General Assembly and the Northam administration spent the last legislative session pushing electric vehicles as a way to reduce transportation emissions, Virginia’s largest contributor to carbon emissions. 

Money was a sticking point, though. Lawmakers acknowledged that infrastructure is lacking in many rural areas. And although the General Assembly signed off on an electric vehicle rebate program, legislators left it unfunded, a situation the law’s sponsor attributed to tight pandemic budgets. 

A tour of the construction of the new Highland Springs High School in Henrico, estimated to cost about $80 million. (Henrico County Public Schools)

School construction and improvements
Price tag: $2.6 billion

Even before the pandemic, school construction was a major issue in Virginia. A recent survey from the state’s Department of Education found that more than half of public school buildings are more than 50 years old. Replacing those aging structures is estimated to cost the state more than $24.7 billion.

Enter the American Rescue Plan. The federal government set aside specific funds for pandemic-related improvements, including new HVAC systems, but VDOE proposes dedicating an additional $2 billion for more general renovation projects. That money would be delivered to local school divisions through a competitive grant fund, according to the agency’s request.

The department is also requesting an additional $600 million for improvements in early and higher education. The majority of that — $500 million over the next three years — would go toward capital improvements for “successful” child care operators, “allowing them to serve additional children and help more parents get back to work.” 

Another $100 million is proposed for modernization efforts at the state’s public colleges and universities, from updated heating systems to new equipment and technology.

A new public health lab
Price tag: $275 million

Virginia’s public health laboratory — once mostly a site for specialized testing and tracking rare diseases — has taken on a whole new importance throughout the pandemic. 

For the first critical weeks, it was the only lab in the state that could test for COVID-19. And over the past year and a half, its responsibilities have expanded dramatically, from sequencing samples of the virus to rapidly detecting new variants.

The Virginia Department of General Services wants to expand those capabilities even further. The agency is asking for $275 million to replace the state’s aging site in downtown Richmond with a “state-of-the-art” new laboratory in Petersburg. The proposed location is on the same campus as Central State Hospital, a state-run psychiatric facility that’s currently undergoing a major renovation. And it would boost capacity for complex and high-volume testing, which is already “nearing its limit” at the existing lab, according to DGS.

A public health emergency fund
Price tag: $10 million

The scramble to respond to the COVID-19 pandemic can be traced, in large part, to decades of underfunding in public health. As Virginia was recording its first cases, some health departments in low-income counties were abruptly closing their doors. And across the state, employees were pulled from critical services like maternal health and environmental monitoring to serve as case investigators or contract tracers.

In those early days, the Virginia Department of Health said it lacked the funding to “quickly ramp up an appropriate operational response.” Now, the agency is requesting $10 million for a public health emergency fund. The money might not be used immediately, but leaders say it would give the department more agility to respond to future pandemics.

Eastern State Hospital in James City County (Virginia Department of Behavioral Health and Developmental Services)

Staffing at state mental hospitals
Price tag: $335.5 million

Virginia’s state-run mental hospitals have been struggling for years with rising admissions. But the COVID-19 pandemic pushed them into crisis mode, with outbreaks making it even more challenging to discharge patients and free up bed space. 

That high patient volume, combined with chronic staffing shortages, have made the facilities “tremendously unsafe,” according to Alison Land, commissioner of the state’s Department of Behavioral Health and Developmental Services. The agency is requesting more than $300 million over the next several years to boost employment, the majority of which would go to salary increases for essential frontline workers. Another $24 million would be dedicated to security guards and safety improvements at aging facilities.

The department is also requesting millions for community mental health services — part of an ongoing effort to reduce admissions through better front-end treatment. But staffing needs have often been framed as one of the most urgent challenges facing Virginia’s beleaguered mental hospitals.

The sun sets over the James River in Richmond. (Ned Oliver/Virginia Mercury)

Septic and sewer overflow repairs and replacements
Price tag: $230 million

One of the biggest-ticket items Virginia’s Department of Environmental Quality has on its wish list is $230 million to help repair and replace failing septic systems, pipes that send waste directly into waterways and “combined sewer overflow” systems that can lead to sewage releases during heavy rainfall.

The federal rescue plan “specifically lists water and wastewater infrastructure as an eligible use,” DEQ says in its justification for the request. 

Of the $230 million, DEQ wants to see $30 million go to Richmond to speed up its ongoing overhaul of the city’s combined sewer overflow system. The agency has also identified $35 million worth of sewage system fixes in Southwest Virginia, as well as millions of dollars of investment in wastewater connections for underserved communities in Surry, Middlesex, Northampton and Accomack counties.

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IRS sending billions of stimulus {dollars} and plus-up funds. This is find out how to observe your cash

Stimulus check payments aren’t over yet for everyone. 


Sarah Tew/CNET

Next month’s child tax credit rollout might be consuming a lot of the IRS’s bandwidth these days, but the tax agency is still focused on sending weekly batches of the third stimulus checks. So far during the month of June, the tax agency has sent more than $6 billion in stimulus payments, with half coming as direct deposit and the other half as paper checks. Some of that money includes “plus-up” adjustments for people who received less money than they were supposed to get in earlier checks. 

Even though many of us got our stimulus money in the earlier batches in spring, some have had to wait weeks or months for their checks. The IRS sent money first to people who’d already filed their 2019 or 2020 tax returns because those were the easiest to verify. So if you’re still waiting for your stimulus check up to $1,400 — or think you might be due a plus-up payment — we’ll tell you what to do next. 

In the meantime, many experts say a fourth stimulus check is unlikely, but millions of families will be getting a good chunk of money with July’s first child tax credit payment. We can tell you how to know if you qualify and how much money you could expect over the course of the year. The IRS is also issuing unemployment tax refunds to millions of people who received jobless benefits last year, though payments are taking longer than expected. This story was updated recently.

Stimulus and plus-up payments are still being issued

The amount of money you got in your stimulus checks depends on a multitude of factors, including how much money you made for the year (this is your adjusted gross income), how many eligible kids you had and so on. This is the kind of information the IRS largely gets from your tax return, or from other sources of information if you don’t typically file taxes.  Since the third stimulus checks began arriving in the middle of tax season, the end result is that some people’s payments were calculated based on information the IRS had from last year, not from this year.

That means the IRS might owe you more money even if you already got a stimulus check. Let’s say you had a new baby or made less money. As part of the IRS processing your tax return, if it determines that you’re actually owed more than you got, the agency may send a plus-up payment. So far, the IRS has sent billions in payments this way. Given an extended tax due date (May 17 instead of the usual April 15), delays in processing tax returns and a backlog from last year’s tax returns, the IRS will likely be sending out plus-up payments through December.


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Stimulus plus-up payments: What you need to know

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How to track your stimulus check online

With the IRS Get My Payment tool, you can get a daily update on your payment status. The online app can also alert you with a message if there’s a problem with your payment that you may need to address. Another option is to create an online account with the IRS, if you haven’t already. 

If you are sent a plus-up payment after your 2020 tax return is processed, the amount of your third payment will no longer show up on the tool, according to the IRS. In that case you will only see the status of your plus-up payment. 

If you expect your payment to come in the mail, you can use a free tool from the US Postal Service to track your mailed stimulus payment.

Stimulus check delivery start and end dates

First direct deposits made March 17
First paper checks sent Week of March 15
First EIP cards sent Week of March 22
First Social Security, SSI, SSDI payment sent Weekend of April 3, most arriving April 7
First plus-up payments Weekend of April 3
VA benefits for veteran nonfilers Week of April 14
IRS deadline to finish sending checks Dec. 31, 2021 (mandated by the bill)
Last date to receive a check January 2022 (if mailed checks sent late December)
Final claims for missing stimulus money 2021 tax season likely (in 2022)

What might be holding up your stimulus payment

Here’s some information on possible delays with your stimulus check and other problems you might encounter.

Update on a fourth stimulus check

Millions have been clamoring for recurring stimulus payments, and some lawmakers have expressed support for more relief aid through the pandemic. But President Joe Biden hasn’t pledged support to a fourth check, focusing instead on his proposed family and jobs packages and the recent infrastructure deal

In a press conference on June 3, White House press secretary Jen Psaki played down the possibility of a fourth stimulus check, asserting that the administration has already put forward an economic recovery plan. Through the debate in Washington over additional economic impact payments continues, it’s looking increasingly unlikely that there will be any more direct payments this year. 

If your third stimulus amount is less than expected

The IRS isn’t particularly big on communicating how much money it calculates for your stimulus check. You won’t find that figure in the agency’s online tracking tool, but you will see it in the confirmation letter you’ll receive in the mail. (And here’s why you got the payment size you did.) 

So what happens if you use our stimulus check calculator and notice the numbers seem way off, or the IRS letter quotes an amount you didn’t receive? Start by triple-checking your qualifications to make sure you’re eligible for the total you expect. Remember the IRS is automatically sending plus-up payments after the agency receives your 2020 tax return. If you had a baby or otherwise added a dependent in 2020, you won’t need to file an amended tax form to claim the supplement.

The IRS could open up claims for missing stimulus money before its Dec. 31 deadline to stop sending checks. If not, you might have to wait a year to claim it — when you file your 2021 taxes in 2022 (even if you’re a nonfiler who isn’t typically required to file taxes).

What to do if you’re missing money from the first two stimulus checks

Plus-up payments are going out weekly along with the third round of checks, but they may not be the only money you’re due. For money missing from the first two checks, you need to claim that on your 2020 taxes. We suggest making sure you know where to find your adjusted gross income. You may be eligible to claim the 2020 Recovery Rebate Credit for claiming missing money from the first two checks.

Also, last week, the IRS launched a new online for non-tax filer families called the “Non-filer Sign-up Tool.” Its purpose is to help eligible families who don’t normally file a tax return enroll in the monthly child tax credit advance payment program, which is slated to begin July 15. However, the tool is also for those who did not file either a 2019 or 2020 tax return and did not use the previous non-filers tool last year to register for stimulus payments. 

In other words, individuals who experience homelessness or make little or no income can use this tool to enter their personal details for the IRS to receive the $1,400 stimulus checks or claim the recovery rebate credit for any amount of the first two rounds of payments that might have been missed. Tax nonfilers may need to be proactive about claiming a new dependent, too.

How to notify the IRS of an issue with your stimulus check

The IRS doesn’t want you to call if you encounter a problem with the delivery or amount of your stimulus check. So what to do instead? Our guide walks you through how to report stimulus check problems, including checks that never arrived (try filing a payment trace), direct deposit payments that went to the wrong account and other issues.


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Stimulus check 3: How much money you’ll get

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Don’t throw away the IRS letter about your stimulus payment

Hold on to that IRS letter that confirms your stimulus payment, including the amount and how the IRS sent your money. That letter from the IRS — Notice 1444-C — is your proof that the IRS sent a payment in case you don’t actually receive it or if you received less than you qualify for and need to claim the missing amount later. Here’s more on what to do with that IRS letter.

How taxes play a role in your stimulus payment amount

Taxes were due May 17. So how will the IRS figure out how much it owes you? It will calculate your total (you can also do that here) based on the most recent tax filing it’s processed when tabulating the amount of your stimulus check.

If you know your tax return was already processed, the amount of your stimulus check will likely be based on your 2020 adjusted gross income, not on your 2019 AGI. That presents complications if the difference between the two years disqualifies you from getting a third stimulus check

On the flip side, if the IRS uses your 2019 taxes and you’re owed more money based on your 2020 AGI and dependents, you could get a plus-up payment. If you got more than you’re owed, you’ll only need to return it to the IRS in some cases. 

When the stimulus checks will stop being issued 

Most of the third stimulus check payments have gone out from the IRS and US Department of the Treasury, based on the information the IRS has on hand to determine payment amounts. The March stimulus law, however, gives these federal agencies until Dec. 31, 2021, to send out all the third checks. That gives the IRS room to process 2020 tax returns and square up payments for those who are owed plus-up amounts, folks who filed for a 2020 tax extension and other groups, like people who moved or don’t have a fixed address (such as people experiencing homelessness).

009-cash-money-third-stimulus-checks-biden-federal-unemployment-1400-300-payments

Millions could end up receiving a smaller stimulus check than they’re owed.


Sarah Tew/CNET

Other important information about stimulus checks

Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are guides for:

Stimulus test replace: How one can monitor your IRS cash, ‘plus-up’ funds and extra

Are you out on a limb waiting for your third stimulus check? 


Sarah Tew/CNET

The IRS announced on May 26 that it had disbursed an additional $1.8 million in stimulus payments and that it will continue to issue the $1,400 checks on a weekly basis to those who qualify. If your money wasn’t in the mail or deposited into your account in this latest round, you can use an IRS tracker to see what could be delaying your money.

The IRS is also sending ongoing supplemental “plus-up” payments to those who qualify under the American Rescue Plan passed in March. That most recent stimulus package included the enhanced child tax credit for families and a tax exemption for individuals who received unemployment benefits in 2020 during the pandemic. 

If you need to report a stimulus check problem or file a payment trace, we can help. If you have dependents, we can help you calculate how much you’ll receive in child tax credit payments and tell you more about the upcoming IRS portals. We’re also trying to follow the debate over a possible fourth stimulus payment. And here’s how to check if an employer owes you back wages. This story is updated regularly.

What’s the deal with the third stimulus checks and plus-up payments?

The IRS has recently sent two batches of payments for more than $3.5 billion: $1.9 billion as paper checks in the mail and another $1.6 billion as direct deposits to bank accounts. These batches also included 900,000 payments for $1.9 billion to eligible individuals the IRS didn’t have information for and who recently filed a tax return, along with two more rounds of plus-up payments for $1.6 billion.

What are plus-up stimulus payments? Depending on which year’s tax form the IRS used when it did the math on your third payment, the IRS may have calculated the amount of the payment using an older tax form instead of your 2020 filing. If this is your situation, once the IRS receives your 2020 tax return and calculates your third payment again, you could be due more money based on information from your current filing — or on other factors if you don’t usually file.

The IRS said it’s automatically sending these plus-up stimulus payments if it needs to square up the amount it owes you, but to double-check the math, you may want to confirm how much money you should expect this stimulus round, and then track your payment.

How can the IRS tracking tool find your payment?

With the IRS Get My Payment tracker tool, you can get a daily update on the status of your payment. The online app can also alert you with a message if there’s a problem with your payment that you may need to address. It can’t, however, give an update on your plus-up payment status from the IRS.

If you expect your payment to come in the mail, you can use a free tool from the US Postal Service to track your mailed stimulus payment.


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Stimulus plus-up payments: What you need to know

2:58

What if there’s an issue with your third stimulus payment?

The IRS doesn’t want you to call if you encounter a problem with the delivery or amount of your stimulus check. So what to do instead? Our guide walks you through how to report stimulus check problems, including checks that never arrived (try filing a payment trace), direct deposit payments that went to the wrong account and other issues.

Stimulus check delivery start and end dates

First direct deposits made March 17 (official)
First paper checks sent Week of March 15
First EIP cards sent Week of March 22
First Social Security, SSI, SSDI payment sent Weekend of April 3, most arriving April 7
First plus-up payments Weekend of April 3
VA benefits for veteran nonfilers Week of April 14
IRS deadline to finish sending checks Dec. 31, 2021 (mandated by the bill)
Last date to receive a check January 2022 (if mailed checks sent late December)
Final claims for missing stimulus money 2021 tax season likely (in 2022)

Why might your stimulus check be delayed?

Here’s more information on problems you might encounter with your stimulus check.

What if your check is less money than you anticipated?

The IRS isn’t particularly big on communicating how much money it calculates for your stimulus check. You won’t find that figure in the agency’s online tracking tool, but you will see it in the confirmation letter you’ll receive in the mail. (And here’s why you got the payment size you did.) 

So what happens if you use our stimulus check calculator and notice the numbers seem way off, or the IRS letter quotes an amount you didn’t receive? Start by triple-checking your qualifications to make sure you’re eligible for the total you expect. Remember the IRS is automatically sending plus-up payments and that happens after the agency receives your 2020 tax return. If you had a baby or otherwise added a dependent in 2020, you won’t need to file an amended tax form to claim the supplement.

The IRS could open up claims for missing stimulus money before its Dec. 31 deadline to stop sending checks. If not, you might have to wait a year to claim it — when you file your 2021 taxes in 2022 (even if you’re a nonfiler who isn’t typically required to file taxes).

How does your 2020 tax return affect your stimulus payment amount?

Taxes were due May 17. So how will the IRS figure out how much it owes you? It will calculate your total (you can also do that here) based on the most recent tax filing it’s processed when tabulating the amount of your stimulus check.

If you know your tax return was already processed, your total will likely be based on your 2020 adjusted gross income, not on your 2019 AGI. That presents complications if the difference between the two years disqualifies you from getting a third stimulus check

On the flip side, if the IRS uses your 2019 taxes and you’re owed more money based on your 2020 AGI and dependents, you could get a plus-up payment. If you got more money than you’re owed, you’ll only need to return it to the IRS in some cases. 

Could your third stimulus payment come as late as the summer or even the fall? 

Most of the third stimulus check payments have gone out from the IRS and US Department of the Treasury based on the information the IRS has on hand to determine payment amounts. The March stimulus law, however, gives these federal agencies until Dec. 31, 2021, to send out all the third checks. That gives the IRS room to process 2020 tax returns and square up payments for those who are owed plus-up amounts, folks who filed for a 2020 tax extension and other groups, like people who moved or don’t have a fixed address (such as people experiencing homelessness).

If all or part of your stimulus check doesn’t arrive by the end of the year, you’ll need to claim missing money via a 2021 tax return in April 2022, a year from now. This would be similar to the Recovery Rebate Credit for claiming missing money from the first two checks, which is currently in effect for 2020 taxes.

Stimulus check payments made to date

Direct deposit Paper checks EIP Card Direct Express Card Plus-up
No. of payments March 17 to May 12 137.3 million ($331 billion) 21.8 million ($48.4 billion) 5 million ($11 billion) 3.1 million 4.1 million ($7.5 billion)
No. of payments May 19 and 26 900,000 ($1.6 billion) 900,000 ($1.9 billion) 900,000 ($1.6 billion)

What about that IRS letter confirming the third check? 

We think you should hold on to that IRS letter signed by President Joe Biden that confirms your stimulus payment, including the amount and how the IRS sent your money. That letter from the IRS — Notice 1444-C — is your proof that the IRS sent a payment in case you don’t actually receive it or if you received less than you qualify for and need to claim the missing amount later. Here’s more on what to do with that IRS letter.

What if the IRS owes you money for the other two stimulus checks?

Plus-up payments are going out weekly along with the third round of checks, but they may not be the only money you’re due. For money missing from the first two checks, you need to claim that on your 2020 taxes. We suggest making sure you also know where to find your adjusted gross income. Tax nonfilers may need to be proactive about claiming a new dependent, too.

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Millions could end up receiving a smaller stimulus check than they’re owed.


Sarah Tew/CNET

What should SSI, SSDI recipients and veterans know?

Veterans receiving VA benefits and people who get SSDI and SSI benefits are now receiving stimulus checks from the IRS and Treasury. Delivery details should now be available in the Get My Payment tool

You might get your stimulus money by direct deposit to existing Direct Express cards if this is how you normally receive benefits, and if you didn’t file taxes in 2019 or 2020. Otherwise, the money could come in the mail. (Here’s what to look for so you know it’s legit.) The SSA says that Social Security beneficiaries like SSI and SSDI groups will not receive an EIP debit card

If you’re a tax nonfiler and you used the IRS’ Non-Filers tool by November 2020 to submit information, you may have already received your check before other Social Security recipients. 


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What about other rules and exceptions to know?

Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are guides for:

Could there be a fourth stimulus check in 2021?

The American Rescue Plan had barely become law in March when lawmakers started pushing for a fourth stimulus check, either in the form of another one-time payment or as recurring payments for the duration of the pandemic. Sens. Elizabeth Warren, Bernie Sanders and 19 other members of the Senate earlier this spring sent a letter to Biden urging him to include recurring direct payments in his upcoming stimulus proposals.

Others in Washington, such as Rep. Pramila Jayapal, a Democrat from Washington, are proposing $1,000 recurring monthly payments to help those who continue to struggle through the pandemic.

Biden has not committed to another round of payments, and White House press secretary Jen Psaki said the administration will look to Congress for a proposal for a fourth payment.

Stimulus checks, plus-up funds, monitoring your cash: All the pieces to know

Out on a limb trying to figure out where your stimulus money is? Help is here. 


Sarah Tew/CNET

The IRS is teeing up another batch of payments this week to eligible taxpayers, coming by mail as a paper check or going straight to bank accounts as a direct deposit. If you’re still waiting for your stimulus check for up to $1,400, however, you can comb through the IRS weekly payment schedule and use the IRS tracking tools to get an idea of the timeline.

On top of the third stimulus checks, the IRS is sending “plus-up” payments to those who qualify for the supplemental payment under the American Rescue Plan. Passed in March, that stimulus package also included the advance child tax credit and a tax exemption for 2020 unemployment benefits.

Here’s what you should know about reporting a stimulus check problem and when to file a payment trace. If you have dependents, look out for the advance child tax credit payments to begin in July — you can calculate how much you’ll receive here  — and learn more about the upcoming IRS portals for that credit. Also, we’re following the debate over a possible fourth stimulus payment. This story is updated on a frequent basis.

Who is getting the third stimulus checks and plus-up payments?

The IRS sent more than $1.7 billion this last week to those who are eligible: $949 million as paper checks in the mail and another $809 million as direct deposits to bank accounts. This batch includes payments to eligible individuals the IRS didn’t have information for and recently filed a tax return along with another round of plus-up payments.

What are plus-up stimulus payments? Depending on which year’s tax form the IRS used when it did the math on your third payment, the IRS may have calculated the amount of the payment using an older tax form instead of your 2020 filing. If this is your situation, once the IRS receives your 2020 tax return and calculates your third payment again, you could be due more money based on information from your current filing — or on other factors if you don’t usually file.

The IRS said it’s automatically sending these plus-up stimulus payments if it needs to square up the amount it owes you, but to double-check the math, you may want to confirm how much money you should expect this stimulus round, and then track your payment.

How can the IRS tracking tool tell you the status of your stimulus payment?

With the IRS Get My Payment tracker tool, you can get a daily update on the status of your payment. The online app can also alert you with a message if there’s a problem with your payment that you may need to address. It can’t, however, give up an update on your plus-up payment status from the IRS.

If you expect your payment to come in the mail, you use a free tool from the US Postal Service to track your mailed stimulus payment.

What is the IRS payment schedule for the third stimulus checks? 

Most of the third stimulus check payments have gone out from the IRS and US Department of the Treasury based on the information the IRS has on hand to determine payment amounts. This week, that includes 500,000 payments to those the IRS just received a tax return for. The March stimulus law, however, gives these federal agencies until Dec. 31, 2021, to send out all the third checks. That gives the IRS room to process 2020 tax returns and square up payments for those who are owed plus-up amounts, folks who filed for a 2020 tax extension and other groups, like people who moved or don’t have a fixed address (such as people experiencing homelessness).

If all or part of your stimulus check doesn’t arrive by then, you’ll need to claim missing money via a 2021 tax return in April 2022, a year from now. This would be similar to the Recovery Rebate Credit for claiming missing money from the first two checks, which is currently in effect for 2020 taxes.

Stimulus check payments made to date

Direct deposit Paper checks EIP Card Direct Express Card Plus-up
1st payment batch — March 17 90 million ($242 billion) 150,000 ($442 million) Not disclosed Not disclosed Not disclosed
2nd payment batch — March 24 17 million ($38 billion) 15 million ($34 billion) 5 million ($11 billion) Not disclosed Not disclosed
3rd payment batch, including Social Security — April 3 2 million ($5 billion) 2 million ($5 billion) Not disclosed Not disclosed Not disclosed
4th payment batch, including first plus-up payment — April 7 24 million ($33 billion) 1 million ($3 billion) Not disclosed 3.1 million 1 million ($2 million)
5th payment batch, including nonfiler veterans — April 14 1.2 million ($2 billion) 800,000 ($1.4 billion) Not disclosed Not disclosed 700,000 ($1.2 billion)
6th payment batch — April 21 900,000 ($1.5 billion) 1.1 million ($1.8 billion) Not disclosed Not disclosed 700,000 ($1.2 billion)
7th payment batch — April 28 1.1 million ($2.5 billion) 850,000 ($1.8 billion) Not disclosed Not disclosed 730,000 ($1.3 billion)
8th payment batch — May 5 600,000 ($1.1 billion) 500,000 ($900 million) Not disclosed Not disclosed 570,000 ($1 billion)
9th payment batch — May 12 500,000 ($946 million) 460,000 ($854 million) Not disclosed Not disclosed 460,000 ($800 million)
10th payment batch — May 19 $809 million $949 million Not disclosed Not disclosed Not disclosed

Is that IRS letter on the third payment worth keeping? 

We think you should hold on to that IRS letter signed by President Joe Biden that confirms your stimulus payment, including the amount and how the IRS sent your money. That letter from the IRS — Notice 1444-C — is your proof that the IRS sent a payment in case you don’t actually receive it or if you received less than you qualify for and need to claim the missing amount later. Here’s more on what to do with that IRS letter.


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Start here if there’s a problem with your stimulus payment

The IRS doesn’t want you to call if you encounter a problem with the delivery or amount of your stimulus check. So what to do instead? Our guide walks you through how to report stimulus check problems, including checks that never arrived (try filing a payment trace), direct deposit payments that went to the wrong account and other issues.

Why is there a delay with your stimulus check?

Here’s more information on problems you might encounter with your stimulus check.

Stimulus check delivery start and end dates

First direct deposits made March 17 (official)
First paper checks sent Week of March 15
First EIP cards sent Week of March 22
First Social Security, SSI, SSDI payment sent Weekend of April 3, most arriving April 7
First plus-up payments Weekend of April 3
VA benefits for veteran nonfilers Week of April 14
IRS deadline to finish sending checks Dec. 31, 2021 (mandated by the bill)
Last date to receive a check January 2022 (if mailed checks sent late December)
Final claims for missing stimulus money 2021 tax season likely (in 2022)

What if your check is less than you expected?

The IRS isn’t particularly big on communicating how much money it calculates for your stimulus check. You won’t find that figure in the agency’s online tracking tool, but you will see it in the confirmation letter you’ll receive in the mail. (And here’s why you got the payment size you did.) 

So what happens if you use our stimulus check calculator and notice the numbers seem way off, or the IRS letter quotes an amount you didn’t receive? Start by triple-checking your qualifications to make sure you’re eligible for the total you expect. Remember the IRS is automatically sending plus-up payments and that happens after the agency receives your 2020 tax return. If you had a baby or otherwise added a dependent in 2020, you won’t need to file an amended tax form to claim the supplement.

The IRS could open up claims for missing stimulus money before its Dec. 31 deadline to stop sending checks. If not, you might have to wait a year to claim it — when you file your 2021 taxes in 2022 (even if you’re a nonfiler who isn’t typically required to file taxes).

How does your 2020 tax return affect your payment total?

Taxes were due May 17. So how will the IRS figure out how much it owes you? It will calculate your total (you can also do that here) based on the most recent tax filing it’s processed when tabulating the amount of your stimulus check.

If you know your tax return was already processed, your total will likely be based on your 2020 adjusted gross income, not on your 2019 AGI. That presents complications if the difference between the two years disqualifies you from getting a third stimulus check

On the flip side, if the IRS uses your 2019 taxes and you’re owed more money based on your 2020 AGI and dependents, you could get a plus-up payment. If you got more money than you’re owed, you’ll only need to return it to the IRS in some cases. 

What if the IRS owes you for the first two stimulus checks?

Plus-up payments are going out weekly along with the third round of checks, but they may not be the only money you’re due. For money missing from the first two checks, you need to claim that on your 2020 taxes. We suggest making sure you also know where to find your adjusted gross income. Tax nonfilers may need to be proactive about claiming a new dependent, too.

009-cash-money-third-stimulus-checks-biden-federal-unemployment-1400-300-payments

Millions may wind up getting a smaller stimulus check than they’re actually owed.


Sarah Tew/CNET

What should SSI, SSDI recipients and veterans know?

Veterans receiving VA benefits and people who get SSDI and SSI benefits are now receiving stimulus checks from the IRS and Treasury. Delivery details should now be available in the Get My Payment tool

You might get your stimulus money by direct deposit to existing Direct Express cards if this is how you normally receive benefits, and if you didn’t file taxes in 2019 or 2020. Otherwise, the money could come in the mail (here’s what to look for so you know it’s legit). The SSA says that Social Security beneficiaries like SSI and SSDI groups will not receive an EIP debit card

If you’re a tax nonfiler and you used the IRS’ Non-Filers tool by November 2020 to submit information, you may have already received your check before other Social Security recipients. 


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Stimulus check 3: How much money you’ll get

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Read more about rules and exceptions 

Stimulus checks aren’t necessarily a one-size-fits-all situation. Here are guides for:

Could there be a fourth stimulus check this year?

The American Rescue Plan had barely become law in March when lawmakers started pushing for a fourth stimulus check, either in the form of another one-time payment or as recurring payments for the duration of the pandemic. Sens. Elizabeth Warren, Bernie Sanders and 19 other members of the Senate earlier this spring sent a letter to President Joe Biden urging him to include recurring direct payments in his upcoming stimulus proposals.

Others in Washington, such as Democratic Rep. Pramila Jayapal, are proposing $1,000 recurring monthly payments to help those who continue to struggle through the pandemic.

Biden has not committed to another round of payments, and White House press secretary Jen Psaki said the administration will look to Congress for a proposal for a fourth payment.

F.E.C. Drops Case Reviewing Trump Hush-Cash Funds to Ladies

The Federal Election Commission said Thursday that it passed a case investigating whether former President Donald J. Trump had violated the electoral law with a payment of $ 130,000 just before the 2016 election to become a porn actress had officially dropped his attorney at the time. Michael D. Cohen.

The payment was never reported in Mr Trump’s campaign submissions. Mr. Cohen would go on to say that Mr. Trump had instructed him Arrange payments to two women during the 2016 race, and would apologize for his involvement in a hush money scandal. Mr. Cohen was sentenced to prison for violating campaign finance laws, tax evasion and lying by Congress.

“It was my own weakness and a blind loyalty to this man that led me to choose a path of darkness over light,” said Mr. Cohen in 2018 in court about Mr. Trump.

While Mr. Cohen was in jail, Mr. Trump had no legal ramifications for the payment.

“The hush money was paid on instructions and in favor of Donald J. Trump,” Cohen said in a statement to the New York Times. “Like me, Trump should have been found guilty. How the FEC committee could decide otherwise is confusing. “

In December 2020, the FEC issued a internal report The office said it had “reason to believe” that the Trump campaign was “knowingly and willfully” violating campaign finance law.

However, the electoral commission, which was split evenly between three Republicans and three Democrat-minded commissioners, declined to attend a closed session in February. Two Republican commissioners voted to reject the case, while two Democratic commissioners voted to move forward. There was an absence and a republican rejection.

This decision was announced on Thursday.

Two of the FEC’s Democratic commissioners, Shana Broussard, the current chair, and Ellen Weintraub, declined not to pursue the case after agency staff recommended further investigation.

“To conclude that a payment made 13 days prior to election day to cover up a suddenly newsworthy 10-year story was not campaign related without even conducting an investigation is contrary to reality,” they wrote in a letter.

Republican Commissioners Trey Trainor and Sean Cooksey, who voted not to investigate, said the prosecution of the case was “not the best use of the agency’s resources”, that “the public record is already complete” and that Mr Cohen Have already done so was punished.

“We voted to reject these matters as an exercise of our prosecution discretion,” said Cooksey and Trainor wrote.

A spokesman for Mr Trump did not immediately respond to a request for comment.

The Cohen case caught public attention in 2018 after the FBI searched his office, apartment and hotel room and picked up boxes of documents, cell phones and computers. Months later, Mr. Cohen pleaded guilty to campaign funding violations, among other things.

He said in court that he arranged payments – including $ 130,000 to film actress Stormy Daniels, whose real name is Stephanie Clifford – “primarily for the purpose of influencing the election.”

The payment was well above the legal limit for individual presidential contributions, which was then $ 2,700.

Mr. Cohen went on to say he arranged a payment of $ 150,000 through American Media Inc. to Karen McDougal, a former Playboy playmate, in early 2016.

Mr Cohen later turned on Mr Trump and wrote his own book about how he acted as a businessman as the ex-president’s enforcer. The book was called “Disloyal: A Memoir”.

Baby tax credit score cash: Make a plan now for learn how to use the funds after they come

How Might You Spend Your Child’s Tax Credit?

Sarah Tew / CNET

You could get as early as July the first payment As part of the extended tax credit for children that’s part of March American rescue plan Package. You will usually get the tax credit back after filing your tax return Income taxes every year, But President Joe Biden’s March Stimulus Plan will get you the money in a series of payments this year through the end of 2021 and through 2022. when you and your family qualify. Overall, you could get up $ 3,000 or $ 3,600 per child, depending on their age. This child loan is in addition to the payments included in the American Rescue Plan, such as: third round of stimulus testing. The question is what are you doing with the money?

These payments can be an opportunity to get your finance home to ensure that your family – including your children – is on solid foundations. To help you ponder the different ways you can use these payments, we spoke to financial experts and credit counselors about their recommendations for using this money, from meeting urgent needs and paying off debts to building an emergency fund. This expansion of the child tax credit is part of a larger multi-billion dollar effort by President Joe Biden’s administration to get the country out of the pandemic and put individuals and families on better economic footing. This child tax credit is an integral part of Biden’s plan to put money in the pockets of families who need it most.

Of course, the money is without commitment and you can use it as you wish. However, if you are looking for ideas on how to make good use of the payments, we have suggestions. For other ways you can save or get money this year, here’s what happened Cancel student debt, as you can see If your state has money from you, this is what you can claimand how March’s Stimulus Bill can help you Save money on healthcare costs.

First, make a plan on how to use your child’s tax credit

Your first child tax credit check may take weeks, and probably not until July. So you have time for it Make a plan for what you’re going to do with the money before it arrives. You can find out how much (in total and per month) you can expect with CNET’s Child Tax Credit Calculator by providing a few details: how many children you have, your income and your enrollment status.

Next, think about your financial goals for how the money will be used. “The most important thing is to start planning now,” said Emily Shallal, senior director, customer strategy and innovation at Allied Banksaid CNET. “You don’t want to look back on that money with regret and wonder what happened.”

Here are some ways you can use the money.


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Meet your family’s basic needs

First, cover the urgent needs of your family – including your children -: budget for groceries, housing, utilities, and essential items like medicines. You could use some of the money on a necessary car repair or medical or dental procedure that you’ve postponed.

Pay off your “toxic” debts, including credit cards

Once you have the necessities covered, depending on your situation, it may make sense to address yours most expensive debts. “If you find yourself in a situation where you have a lot of what I would call ‘toxic debt’, paying back those balances should be your number one priority,” said Bruce McClary, senior vice president of communications at the company National Foundation for Credit Advicesaid CNET. Clary said that “toxic debt” is high-yield unsecured debt such as: Credit cards and Small loans and debts that went into collections that could become a bigger problem for you later.

002-Cutting-Credit-Card-Debt-Cash-Money-Stimulus-Debt-2

You can use the money to pay off your toxic debts.

Sarah Tew / CNET

Start an emergency fund

Next, you might want to set up a rainy day fund.

If you meet other requirements, you may want to put some of the cash from the checks in an emergency fund to create a financial cushion. According to Mike Schenk, deputy chief advocacy officer for policy analysis and chief economist at the National Association of Credit UnionA rainy day fund can help reduce stress for a family, knowing that in the event of an emergency such as your car breaks down, the costs will be covered.

While the rule of thumb is to get 3 to 6 months worth of savings in an emergency fund, that amount can be impractical for some. Schenk told CNET that he recommends that you start with a more modest goal – say, $ 1,000 – and work your way up to a larger buffer.

Budget for the future

You can also use some of the money on your savings to achieve a longer term goal – for a Down payment for a housefor example a 529 account to help pay for college or a business and vocational school, or to build yours Retirement account.

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You could also use some of the money to build an emergency fund.

Sarah Tew / CNET

Get help creating a savings or debt reduction plan

If creating a debt reduction plan or a savings plan seems intimidating, affordable (or possibly free) help can be obtained from a debt reduction advisor or financial advisor.

A non-profit credit counseling agency like that National Foundation for Credit Advice can help you manage your debt, be it credit cards, a mortgage, or student loans. The agency can work with your creditors to make discount payment arrangements and then manage your payments into those accounts. In most cases, an initial debt counseling session is free, Clary said, where you can meet with a debt counselor to discuss your situation and get specific recommendations. If you choose to work with an advisor to manage payments to your creditors, the agency may charge you $ 25 to $ 35 per month to manage your plan. The agency can waive these fees for those below the poverty line.

You can also work with a financial advisor to create a plan for using child tax credit money and set goals. Schenk said as a member of a credit unionyou can work with a consultant to come up with a plan for your specific situation. Other financial institutions, such as banks, may also provide financial advice as a service.

What about spending on the things you want instead of the things you need?

The counselors said you could set aside some of the money for something special for you and your family. Take your family with you to dinner, for example. However, they advised against using it on a big screen TV, for example, or throwing a party until you’ve hit the other points outlined in your plan. “You could end up at a time when you really need the money and just make a few impulse buys,” Clary said.

Other ways to save money The IRS can owe you money for taxes You paid for labor insurance like the next one Stimulus plan could benefit youand how you could get up $ 50,000 back with one-time COVID credits.

Shift4 Funds Declares Acquisition of VenueNext to Energy Sports activities Stadiums, Leisure Venues and Theme Parks

ALLENTOWN, Pa .– () – Shift4 Payments (NYSE: FOUR), a leading provider of integrated payment processing solutions, today announced the acquisition of VenueNext, a leading provider of mobile commerce, point-of-sale and loyalty solutions for next-generation venues. This acquisition enhances Shift4’s presence and capabilities in a number of large and growing industries such as stadiums and arenas, while also significantly expanding the company’s overall addressable market through access to entertainment, universities, theme parks, airports and other industries.

VenueNext is used by teams in all major professional sports leagues, as well as colleges and other business areas such as amusement parks and corporate premises, all of whom now have access to the combined offering of Shift4. The company’s product suite includes mobile ordering, full venue point of sale software, branded mobile applications (turnkey white label apps for teams / venues) and a mobile wallet / loyalty engine. This first-class mobile technology offers added value for the entire Shift4 ecosystem.

With this acquisition, Shift4 is the only vertically integrated provider supporting all aspects of in-venue commerce, including software (mobile & POS), transaction gateway and payment processing functions. This one-stop-shop solution provides venues with a compelling value proposition by reducing costs and complexity, much like Shift4’s end-to-end offering in other industries.

“At Shift4, we are about eliminating complexity and reducing costs for the most demanding trading environments. We have followed the same successful vertically integrated strategy that served us incredibly well in the hospitality and restaurant industries, taking it to e-commerce with Shift4Shop and now to sports stadiums, entertainment venues and theme parks with this exciting acquisition, ”said Jared Isaacman , Shift4 Payments CEO. “We couldn’t be more excited to welcome VenueNext to the Shift4 organization. We love their focus on the “Fan & Patron Experience” and make trading easier and more enjoyable. Not only do we want to jointly pursue new opportunities, but also immediately offer Shift4’s end-to-end payment solution to VenueNext’s extensive existing customer portfolio, which spans almost all categories of large venues across the country and internationally. ”

For more information on this acquisition, see the VenueNext Acquisition Overview presentation at https://investors.shift4.com/events-and-presentations.

Via Shift4 payments

Shift4 Payments (NYSE: FOUR) is a leading provider of integrated payment processing and technology solutions, offering a complete omnichannel ecosystem that goes beyond payments and encompasses a wide range of services that enable commerce. The company’s technologies support over 350 software providers in a wide variety of industries including hospitality, retail, F&B, e-commerce, accommodation, gaming, and many more. With over 7,000 sales partners, the company securely processed more than $ 200 billion in payments for over 200,000 companies in 2019. For more information, see shift4.com.

About VenueNext

VenueNext is a next generation point of sale company that is transforming the way consumers shop, buy, and pay for. The product ecosystem combines physical and digital solutions to create a smooth shopping experience. It offers products such as point of sale solutions, online ordering, branded apps and branded payments. VenueNext’s powerful platform makes trading easy for consumers – and easy for brands to incentivize and reward their most valuable customers for their loyalty. VenueNext started with Levi’s® Stadium and the San Francisco 49ers in 2014 and has since driven the smooth trading of mobile devices in arenas and stadiums, theme parks, universities, corporate cafes and theaters.

USI Cash Advances Cross-border Funds by its Raas Product

TipRanks

3 top dividend stocks with growth opportunities; Goldman Sachs Says “Buy”

Investing is about making a profit, and investors have long seen two main paths towards that goal. Growth stocks, stocks that generate a return based primarily on the appreciation of the stock price, is one way. The second route is through dividend stocks. These are stocks that pay back a percentage of profits to shareholders – a dividend that is usually paid quarterly. Payments vary widely from less than 1% to more than 10%, but the average among stocks listed on the S&P 500 is around 2%. Dividends are a nice addition for a patient investor as they provide a steady stream of income. Goldman Sachs analyst Caitlin Burrows has looked into the real estate trust segment, a group of stocks long known for high and reliable dividends – and she sees many reasons to expect strong growth in three stocks in particular. As we led the trio through TipRanks’ database, we learned that all three were cheered on by the rest of the street as well, as they have an analyst consensus of “Strong Buy”. Broadstone Net Lease (BNL) First off, Broadstone Net Lease is an established REIT that went public last September and grossed over $ 533 million. The company launched 33.5 million shares, followed by another 5 million shares, which were acquired by subscribers. It was viewed as a successful opening and BNL now has a market cap of over $ 2.63 billion. Broadstone’s portfolio includes 628 properties in 41 states and the Canadian province of British Columbia. These properties have 182 tenants and are valued at $ 4 billion. The best feature here is the long-term nature of the leases – the weighted average remaining lease is 10.8 years. For the third quarter, the most recent with full financial data available, BNL posted net income of $ 9.7 million, or 8 cents per share. Most of its income came from rents, and the company said it collected 97.9% of rents due in the quarter. Looking ahead, the company expects property acquisitions of $ 100.3 million in the fourth quarter and an increased rent collection rate of 98.8%. Broadstone’s earnings and high rental income support a dividend of 25 cents per common share, or $ 1 a year. This payment is affordable for the company and offers investors a 5.5% return. Goldman’s Burrows sees the company’s acquisition moves as the most important factor. “Acquisitive acquisitions are the main earnings driver for Broadstone … While management stopped acquisitions after COVID-induced market uncertainties (BNL did not make any acquisitions in the first half of 20) and before going public, we are confident that the acquisitions will be in 2021 will begin activity in the fourth quarter of 20 … We estimate that BNL has a positive investment spread of 1.8%, resulting in earnings growth of 0.8% (to 2021E FFO) per $ 100 million acquisitions (or 4, To this end, Burrows rates BNL as a buy and their target price of $ 23 implies an uptrend of ~ 27% for the coming year. (Click to see Burrow’s track record You here.) Wall Street broadly agrees with Burrows on Broadstone, as evidenced by the 3 positive ratings the stock has received over the past few weeks the only ratings available to make the analysts’ consensus rating a unanimous strong buy. The shares are currently valued at $ 18.16 and the average target price is $ 21.33, which corresponds to a year-long upward trend of ~ 17%. (See BNL stock analysis on TipRanks.) Realty Income Corporation (O) Realty Income is a major player in the REIT space. The company has a portfolio valued at more than $ 20 billion with more than 6,500 properties in 49 states, Puerto Rico and the United Kingdom. Annual sales exceeded $ 1.48 billion in fiscal 2019 (the last with full data) and has held a monthly dividend for 12 years. If we look at the latest data, we find that O had earnings of 7 cents per share and total revenue of $ 403 million for the third quarter of 20. The company collected 93.1% of its contracted rents in the quarter. A drill down to the monthly values ​​is relatively low, but shows that the rental collection rates have increased since July. As already mentioned, O pays a monthly dividend and has done so regularly since it was listed on the stock exchange in 1994. The company increased its payout in September 2020, marking the 108th increase in that time. The current payment is 23.45 cents per common share, which equates to an annual return of $ 2.81 – and a return of 4.7%. Based on the above, Burrows has placed this stock on their Americas Conviction List with a Buy rating and a target price of $ 79 for the next 12 months. This target implies an upward movement of 32% from the current level. Burrows reiterated their stance: “We estimate FFO growth of 5.3% per annum over the period 2020E-2022E versus an average of 3.1% for full REIT coverage. We assume that the main drivers of earnings will be a sustained recovery in acquisition volume and a gradual improvement in theater rents (in 2022). The analyst added, “We expect O to make acquisitions of $ 2.8 billion each in 2021 and 2022, which is the consensus expectation of $ 2.3 billion. [We] We believe our acquisition volume assumptions may actually turn out to be conservative, given that eight days after 2021, the company has already made or approved acquisitions worth $ 807.5 million (or 29% of our 2021 estimate). “Overall, Wall Street is taking a bullish stance on Realty Income stocks. 5 buys and 1 hold issued in the past three months make the stock a strong buy. Meanwhile, the average price target indicates $ 69.80 on an upward movement of ~ 17% against the current share price (see O share analysis on TipRanks) Essential Properties Realty Trust (EPRT) Most recently, Essential Properties owns and manages a portfolio of single-tenant commercial properties in the US There are 214 tenants in more than 1,000 properties in 16 industries including car washes, convenience stores, medical services and restaurants. Essential Properties has a high occupancy rate of 99.4% for its properties. In the third quarter of 20, the company saw sales increase 18.2% over the Last year, reaching $ 42.9 million. Essential Properties F ended the quarter with an impressive amount of liquid available $ 589.4 million including cash, cash equivalents, and available credit. The strong cash position and rising sales left the company confident enough to raise its dividend for the fourth quarter. The new dividend payment is 24 cents per common share, 4.3% more than the previous payment. The current interest rate is 96 cents and gives a return of 4.6%. The company has been increasing its dividend regularly for the past two years. In her review for Goldman, Burrows focuses on the recovery Essential Properties has had since the peak of the COVID panic last year. “When protection mandates went into effect in early 2020, only 71% of EPRT’s properties were open (fully or to a limited extent). This situation has improved over the past few months and now only 1% of the EPRT portfolio is closed. We anticipate EPRT’s future earnings growth to be driven by acquisition gains and estimate 2.8% potential earnings growth from $ 100 million acquisitions, ”Burrows wrote. In keeping with their bullish approach, Burrow’s EPRT stock is rated buy and a price target of $ 26 for a year, indicating an upward trend of 27%. Overall, EPRT has 9 current analyst ratings, and the 8 buy and 1 sell breakdown gives the stock a strong buy consensus rating. The shares are priced at $ 20.46 and have an average price target of $ 22.89, which represents an upside potential of ~ 12% from current levels. (See EPRT stock analysis on TipRanks.) To find great ideas for trading dividend stocks at attractive valuations, visit TipRanks ‘Best Stocks to Buy, a newly launched tool that brings together all of TipRanks’ stock insights. Disclaimer: The opinions expressed in this article are solely those of the presented analysts. The content is intended to be used for informational purposes only. 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