Poll of the month: The way we pay — April 2015

Canadian CPAs use credit cards more often than any other form of payment, according to our latest reader poll.

Cash may be king but, according to our latest reader poll, seven in 10 Canadian CPAs use credit cards more often than any other form of payment. The next most popular method of payment for personal expenses is by debit card, with 21% of the response, and by cheque for business expenses (17%). Less than 4% of CPAs name cash as their preferred way to pay and, interestingly, neither the youngest (19-29) nor the oldest (65+) respondents are among them. Less than half a percent use PayPal or mobile apps as their most frequent methods of payment.

About the Author

Tamar Satov


Tamar Satov is managing editor of CPA Magazine.

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