Question of the Day (Update): What percent of Gen Z has never written a physical check to pay a bill?
Answer: around 33%
Did this number surprise you? Why or why not?
What are examples of bills that might require a physical check?
As Gen Z gets older, do you expect this number to be higher or lower? Explain.
Behind the numbers (from Forbes):
"Young adults are using peer-to-peer payments more than the two generations before them. That’s despite their age and their limited experience with the financial markets.
Even more telling, one in three of the 750 Gen Z individuals Billtrust polled never used a paper check."
For more great checking resources, be sure to check out our Checking unit!