The fact that instant disbursements are overwhelmingly preferred by consumers isn’t much of a surprise. When stacked up against a paper check, money that is instantly loaded to one’s digital account of choice seems an obviously superior option. After all, when it comes to collecting money, it’s expected that consumers will want it sooner rather than later.
What does raise some questions, however, are the rare cases when consumers seem to prefer the good old-fashioned check – such as in areas like legal payments, where, according to the latest edition of the PYMNTS Disbursements Tracker, around 30 percent of customers still claim they prefer to be paid by paper check as opposed to digital disbursements.
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