My 17-year-old son recently opened a checking account. He rolled his eyes and shook his head “no” when the bank teller asked if he needed paper checks and a registry. Is he a frugal saver who doesn’t plan to spend any of his earnings? No. He’s going to spend electronically and via plastic. It’s a fact of life that few people under age 25 write checks — for anything. Banking and spending is all handled via debit card, credit card, online payment services, direct deposit, and maybe an ATM for the rare occasion young adults use cash.This matters to you
Do You Need to Invest in a Chip Card Terminal?
There are big benefits to accepting credit cards, especially the new chip cards that are more secure.
Dec 22, 2016 | by Judy Kneiszel |
