Consumers Are Ready to Embrace ‘Futuristic’ Payment Tech

13. July 2017.

As many as 80 percent of U.S. residents support frictionless payment methods and technologies, suggests a survey of 1,000 consumers Viewpost published this week. Among its other findings:
Nearly 51 percent of survey participants were paid electronically through direct deposit;
Eighty-three percent of respondents believed paper checks would be eliminated completely within the next 20 years, and one-third expected their demise in just five years; and only 11 percent thought companies would continue to use paper-based billing.

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