PayPal now lets you spend cryptocurrency at millions of U.S. merchants

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Sellers receive cold, hard electronic dollars, while buyers can cash in crypto coins stored in their PayPal wallets for goods and services. PayPal now allows payment for goods and services with cryptocurrency, with a twist: Merchants receive cold, hard, American cash, less PayPal’s standard merchant fee. Starting with U.S. customers and merchants, the global payment-processing firm’s new “Checkout with Crypto” provides the most mainstream conduit to convert value in bitcoins and three other digital currencies into government-backed dollars to complete purchases. Read Full Story

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The coin shortage is so bad, banks will now pay you extra for change

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A chain of banks will pay you a 5% bonus for bring in your loose change. That’s better than the annual interest rate return on most savings accounts. As if we needed any more challenges in 2020, earlier this month a national coin shortage hit America . That right, America doesn’t have enough physical change to go around. And yep, you can blame that on the pandemic, too. In short, coins aren’t circulating through the economy as readily as they once were since people are going out and spending less–and opting for digital or contactless payments wherever they can. Read Full Story

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AI-based conversational analysis reveals that sales teams are holding steady in spite of COVID-19

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30-second summary: AI is a leading conversational intelligence platform that leverages proprietary AI to uncover critical insights from business conversations in phone calls. They’ve been using their technology and expertise to measure the impact of COVID-19 across the business landscape. AI’s machine learning platform “listens” to calls and uses natural language processing to identify different trackers and themes, then extracts insights that make it easier to understand conversations at scale. AI has been picking up on a variety of COVID-19 topics and pain points across all clients including a difficulty managing remote teams and what critical decisions that companies must make about what’s happening in the market. The data is showing that for many verticals such as the collaboration space, sales are up about 30% versus baseline and they’re up over 70% compared to pre-COVID-19 levels. Another key data point—over 60% of all calls start with a COVID-19 reference led …

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4 useful strategies to resist the siren song of multitasking

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These tips go beyond the basics of silencing notifications and keeping set hours. If you worked from home during the past year, you probably found that the pros and cons occupy two sides of the same coin. One of the biggest upsides of remote work is you can create a focused, distraction-free environment. A downside is you and solely you are responsible for creating that focused environment. Read Full Story

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