News

Payments Companies Lending a Helping Hand in Their Community

Payments companies are doing more than just committing to serving their customers during this crisis. They are also investing in the fight against the virus globally and serving their communities.

• HelpSmallBusiness.com allows consumers to purchase an online gift certificate from small businesses in your area and provide them with crucial financial support. The service is free for any small business.
• Intuit QuickBooks:
  • Teaming up with GoFundMe to create a Small Business Relief Initiative to help small businesses raise money to overcome the challenges caused by COVID-19. Through this initiative, small businesses can create a fundraiser on the GoFundMe platform where they’re able to share their story with the public and request financial support to help cover employee-related and business expenses. Intuit will provide funds to go directly to small businesses as part of the relief initiative.
  • TurboTax Stimulus Registration – a free product designed to help the more than 10 million Americans not required to file a tax return get their stimulus money fast.
• JPMorgan Chase Makes $50 Million Philanthropic Investment to Help Address Immediate and Long-Term Impacts of COVID-19.
• Bill & Melinda Gates Foundation, Wellcome, and Mastercard Launch Initiative to Speed Development and Access to Therapies for COVID-19.
• PayPal: Resources for Consumers
  • Support the Charities that are Helping Communities Prevent and Recover from COVID-19
• Shift4 Payments launches Shift4Cares.com to raise over $200 million for small businesses.
• Mastercard: COVID-19 Therapeutics Accelerator Awards $20 Million in Initial Grants to Fund Clinical Trials
• Apply for federal relief through the Kabbage Paycheck Protection Program. Through SBA's, small businesses can apply for loans for payroll and other eligible expenses.
• Lendio: Due to the pared-down SBA requirements for PPP loans, more small businesses will qualify for the SBA coronavirus loans than previous SBA loan options.