Web.com Small Business Tip of the Day: Plastic Power - Forum.web.com
Follow Us:
Web.com Small Business Tip of the Day: Plastic Power

According to a survey from online payment solution WePay, cash is going the way of the dinosaur when it comes to consumers’ preferred payment method, and using credit cards is gaining in popularity. By 2017, WePay predicts payments made using cash will account for only 23 percent of shoppers’ payments, while credit card purchases will increase to 33 percent of payments. The average age of the consumer makes a difference in their preferred payments, with younger consumers wanting more flexibility. Some 69 percent of consumers between the ages of 18 and 34 say they will only shop at businesses that accept a variety of forms of payment.

Get more news and advice to help grow your business. Connect with Web.com on Facebook or Twitter.

Maria Valdez Haubrich

Maria Valdez Haubrich

Maria Valdez Haubrich is Chief Liaison Officer of GrowBiz Media, a media company that helps entrepreneurs start and grow their businesses. Visit her company’s blog at SmallBizDaily.com.
Maria Valdez Haubrich


Loading Facebook Comments ...
Join the Small Business Forum Community
The Small Business Forum is a place where small business owners can learn, ask questions, and share advice on how to succeed online
Skip to toolbar