How people pay each other: more texts, less checks [Infographic]
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Nov 12, 2013 | 9364 views | 0 | 74 | |
When it comes to paying other people, cash is still king, but times are changing. The 2013 'How Americans Pay Each Other' survey from Fiserv, provider of the social payment service Popmoney, revealed that cash and checks are increasingly being replaced by emails and texts to send, request or receive money. With 79 percent of respondents saying they would use a person-to-person (P2P) payment service from their bank, it may only be a matter of time before the 'check is in the mail' becomes 'the text is in the air.'
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