More Baby Boomers Prefer Digital Tax Refunds Compared to Millennials
ACI Worldwide, Inc. (ACIW)
Last aci worldwide, inc. earnings: 8/8 06:00 am
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Source: Business Wire
Majority of Americans prefer digital methods of payment for taxes owed including debit, credit and electronic funds withdrawal, according to a new ACI Worldwide study NAPLES, Fla.--(BUSINESS WIRE)--Although a majority of U.S. adults (74%) opt for direct deposit when receiving tax refunds, more Millennials (17%) and Gen Xers (17%) prefer to receive a check in the mail compared with Baby Boomers (14%), per new research from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions. When it comes to paying potential taxes owed, digital methods such as debit, credit and electronic funds withdrawal are most popular (50%), while only 32 percent prefer non-digital methods (cash or check), based on the survey data from 1,215 taxpayers.Other key findings and trends include:Preference for electronic payments continues to growMore U.S. adults filed or plan to file their taxes electronically through self-service tools this year (45%), compare
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ACIW
Earnings
- 11/7/24 - Beat
ACIW
Sec Filings
- 11/15/24 - Form 4
- 11/13/24 - Form 144
- 11/12/24 - Form 4
- ACIW's page on the SEC website