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title
What Today’s Client Payment Trends Mean for You | CPACharge
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Financial Technology What Today’s Client Payment Trends Mean for You Lara Berendt January 8, 2018 Think about the last time you made a purchase. Did you count out a handful of bills and coins? Fill out and tear a check from your checkbook? Reach for a card, and swipe or insert? If you used a credit or debit card to pay, the latest research shows you’re in the majority. This overwhelming shift toward online payment methods has implications for how businesses like yours operate. Let’s dig into these payment trends in greater detail and look at what they mean for CPA firms now and in years to come. Check use is declining, especially among young people Even if you’re committed to checks as the way you want to get paid for your work, there will come a time in the not-too-distant future when the majority of your clients can no longer pay by check. Research shows paper check use...
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