Credit cards, like cash and checks, have come a long way since they first rolled out. Census Bureau, the population at the beginning of 2016 was 322 million people, which means there are approximately 232 million American potential customers with credit cards ready to purchase.
With that in mind, let’s discuss the advantages and disadvantages of different payment options to help you decide what is best for your business. Checks have been around for probably longer than you think but lately are becoming somewhat of a dying form of payment.
The phrase, “Cash is King” has always been the rule of thumb, but even this King has weaknesses. With the technology boom of online banking & online bill pay, which have become a fast favorite for most people, written checks are becoming less and less common.
“Do you think the advantages outweigh the disadvantages?
” is a common IELTS essay question in writing task 2 which many students struggle with.