Employment Agencies Need To Get Rid Of Cheques And Choose Prepaid
Does your employment agency find it challenging to simultaneously coordinate payments for full-time, temporary, and underbanked workers? We know, and we’re here to help. While cheques have been the go-to form of payment for workers for years, many companies, business owners, and employees are aware that there are better,…
Cheques Rank Last For Satisfaction Among All Payment Methods, New Survey Shows
Cheques need to “cheque-out,” according to a new survey on payment methods. The PYMNTS Disbursement Satisfaction Index measures consumer satisfaction across payment methods. The report surveyed 2,528 consumers in Q2 2017 and examined disbursements in the form of cash, cheque, direct deposit, instant credit pushed to a card, and non-instant…
Why Choose A Prepaid Card Over A Chequing Account?
A chequing account is the most common and most basic type of bank account: people can pay their bills with it, make purchases, withdraw and deposit money, and receive compensation. However, the rising popularity of prepaid cards is bringing into question whether a chequing account is the best option for…
Pros and Cons of Prepaid Cards and Paper Cheques
For decades, paper cheques have been the traditional payment method for most businesses and organizations around the world. Cheques became the standard method of payment because they are safer than cash and they provide a physical record of the payment. However, the payment industry is continually innovating to make the…
Pros & Cons of Payment Cards vs. Paper Cheques: We Break it Down
For decades, paper cheques have been the traditional payment method for most businesses and organizations around the world. Cheques became the standard method of payment because they are safer than cash and they provide a physical record of the payment. However, the payment industry is continually innovating to make the…
4 Reasons Why Your Business Needs To Switch From Cheques To Prepaid
Cheques Vs. Prepaid In 2004, 81 percent of businesses used cheques for business-to-business payments. In 2007 that number fell to 74 percent. In 2016, the number now sits at a paltry 51 percent. The reason for this rapid fall? Prepaid payments. In today’s fast-moving society, employees and employers alike don’t…
