Life is About Options
Back in the days of still-growing technology we had a very limited way of paying for our daily goods. Nowadays, you have different ways you can pay for everyday items. Knowing the different payment options and the benefits you can receive can go a long way when evaluating your financial needs.
Payment Types
PaperCash, checks, cashiers check, and money orders all fall under the category of paper. The most popular of all is cash. It is accepted by businesses and other individuals.
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PlasticPlastic cards work as debit cards, credit cards, charge cards and prepaid cards. Just like any other form of payment it's important to be safe and secure when swiping your card
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ElectronicElectronic payments - are used to pay for goods and services both online and in person. If you have a checking account, it probably comes with online access, which lets you take advantage of digital payment options like online transfers and direct debit and deposit.
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