Payments News

Bay Area grocery store rethinks payments amid coronavirus panic

Mar 20, 2020

It’s a rare occurrence for a business to receive a huge business spike while also shutting parts of the operation, but that’s where the coronavirus has landed Farmstead.

Farmstead describes itself as a digital micro-grocer, focusing its no-store online delivery business in the San Francisco area. Even before the Bay Area went into lockdown, the company saw orders jump by up to 60% each day over the prior week, numbers that are similar across grocery apps, which are struggling to keep up with demand.

Farmstead, which uses Stripe, is considering asking customers to prepay to provide more flexibility in a troubled time, as well as deal with a higher volume.

By John Adams

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