In November, PayPal launched a new service that lets people collect and keep track of money for a variety of causes. The feature is called "Money Pools." Pablo Rodriguez, Senior Director of Global Consumer Initiatives at PayPal, explains how the feature differentiates itself in the mobile payment space. Rodriguez says PayPal's mission is to help everyone move and manage money, especially during the busy holiday season. Money Pools alleviates the awkwardness of asking people for money, he explains, because people are becoming so much more comfortable with using mobile to make payments. More people shopped online during the holiday shopping season. According to a recent survey by PayPal, 47 percent of people prefer to shop on mobile. Rodriguez says mobile is not only on the rise, it's also becoming the first place consumers turn to connect with merchants.

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Small grocers and convenience stores feel an impact as customers go without SNAP benefits
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
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