Most of people living in small towns and villages do not receive sufficient education to undertake intellectual jobs.What is also disadvantageous is based in regional areas, companies risk distancing themselves further from their customers, their suppliers and other partners in their business transactions, which can weaken their profitability.Not all mobile wallets are the same, some accept loyalty programs where others do not, some only accept certain types of cards, etc.
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.
Credit cards came to the market in the 1950s growing in popularity ever since.
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.
Today, the statistics show that approximately 7 in 10 Americans have at least one credit card in their wallet. How times have changed from bartering with sea shells (8000 years ago) to wearing a watch that pays for lattes.
Mobile wallets are the newest craze to hit the market, and Apple Pay, Samsung Pay, and Google Wallet are the front runners blazing the trail.
Alternatively, you can set them additional earners outside of their allowance (see our You may want to consider if the money given to your children as pocket money will be spent frivolously.
This could be increasingly risky if the money is given regardless of behaviour.
Due to industrial activities, residents of many cities around the world are still breathing in air and consume water dirty enough to cause numerous health diseases.
Therefore, moving businesses out of the cities will rid human and other species of pollution.