HomeAdvisor Expands HomeAdvisor Pay After Surpassing Millions of Dollars Worth of Home Projects

DENVER, Oct. 14, 2020 /PRNewswire/ — HomeAdvisor, a leading digital marketplace and operating business of ANGI Homeservices (NASDAQ: ANGI), has expanded its digital payment tool HomeAdvisor Pay to allow HomeAdvisor’s service pros to reach all homeowner customers nationwide. Service pros can now request and receive payments from any customer including HomeAdvisor customers and customers not from HomeAdvisor. According to HomeAdvisor’s  2019 State of Home Spending Report, 60 percent of consumers still pay for their home service projects via traditional high-contact methods like cash or check. HomeAdvisor Pay is making an easy, economical way for more home service pros to accept credit card payments and make it easier for customers to pay for home services.

“We love HomeAdvisor Pay,” said Seth Rambo, owner of Ascape Landscaping in Scranton, PA. “It’s a seamless way for our customers to pay for their invoices, that is not only user friendly for our customers, but user friendly for us as well. We can create a payment request and send it to the customer within a few clicks.”

Since its initial rollout in April 2020 amid the beginning of the pandemic, HomeAdvisor Pay has facilitated millions of dollars of total payments, processing on average $100,000 each day. The feature delivers both pros and homeowners a contactless, payment method that removes the friction associated with traditional payment options that often require frequent trips to the bank, handwritten checks, delayed invoicing and steep additional fees for small businesses.

“Right now, we are seeing people across the United States spend more time at home and take on home projects. For our pros, it’s important they are able to offer all of their customers the frustration-free, contactless option to pay for services through HomeAdvisor Pay,” said Brandon Ridenour, Chief Executive Officer, ANGI Homeservices. “We’re excited to expand our digital payment offering as we know that pros on HomeAdvisor look to us to deliver solutions that make their businesses run more efficiently and homeowners rely on us for friction free service.”

A recent survey from ANGI Homeservices, found that 92% of homeowners who typically hire home service pros plan to hire a pro this year and people are turning towards digital payment tools for home services, likely accelerated by homeowner preferences due COVID-19 pandemic and the growing number of Millennial homeowners who expect digital solutions. HomeAdvisor Pay removes all need for high-contact payments and allows for contact-free transactions. 

“HomeAdvisor is able to pass along technology, availability and fast business opportunities.,” said Sharon Hoekstra, owner of Ezekare, an exterior improvement and lawn company, based in Manchester, CT.  “I absolutely love HomeAdvisor Pay. We had been searching for credit card companies to use, but the rates were outrageous and many did not want to work with us. HomeAdvisor Pay is incredibly important for us.”

These new tools are available on the HomeAdvisor and HomeAdvisor pro app on Android and iOS. To learn more about the new features and HomeAdvisor, click here.

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Coronavirus Has Cost Garden City Millions

GARDEN CITY, NY — Garden City Mayor Theresa A. Trouvé recently outlined the financial toll the coronavirus and the associated shutdowns have taken on the village. The village was hit hard in a few key areas by delayed opens and residents not going out.

In a weekly address to village residents, Trouvé went into detail about the village’s first quarter finances, which were hurt by the coronavirus, as well as the effects on the end of the last fiscal year. The village’s fiscal year runs from June 1 to May 31.

In addition to the coronavirus, the village also faced expenses due to storms.

At the end of the 2019-20 fiscal year, the village saw a decrease in some areas due to the coronavirus, but also wound up saving money because of it. The village budgeted spending $67 million for the 2019-20 year, but only spent $60.6 million.

The village lost about $700,000 in fees because of the closure and cancellation of programs. That’s in addition to $104,000 in losses from the cancellation of the tennis program. The village also saw a loss of $483,000 in the Water Fund due a 3 percent decrease in usage.

There were lots of savings the village saw because of the coronavirus. It saved $2.3 million in salaries with unfilled positions, less overtime and fewer seasonal part-time workers hired. And while cancelling the programs cost the village money in fees, it also saved the village $800,000 in the associated expenses. The village also saw less expenses because the pool and tennis facility were closed.

For the start of the 2020-21 fiscal year, the village saw a big hit to one of its revenue streams. There was a $400,000 decrease in police and court fines, as well as in recreation. This was mainly due to fewer people going out, so police officers were writing fewer tickets.

Though the village saved some money by putting off the opening of the pool, it was a net loss. The village budgeted $1.3 million in revenue from the pool, but only received $354,000. Likewise, the tennis program is coming up $65,000 short of its projected revenues.

The coronavirus has also cost the village $350,000 since the pandemic began, mainly in cleaning supplies. The village is still working to get federal reimbursement for the costs.

Hurricane Isaias also impacted the village’s finances. Tree and debris removal, stump grinding, sidewalk repairs and more cleaning up from the storm cost the village about $1.4 million, plus another $104,000 in overtime for village workers.

Trouvé said the village applied to FEMA to have the expenses reimbursed, but it is not know when that money will come through.

This article originally appeared on the Garden City Patch

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