A recent ACI Worldwide (NASDAQ: ACIW) survey conducted with YouGov reveals significant trends in taxpayer behavior. Nearly 40% of taxpayers plan to use their tax refunds for debt relief, while 44% choose to save, indicating financial caution amid inflation.
The survey highlights a strong digital shift, with 65% of respondents preferring digital payment methods, while paper checks declined to just 15%. Alternative payment solutions like PayPal, GooglePay, and ApplePay are particularly popular among Gen Z. 80% of respondents prefer electronic tax refund deposits.
Concerning tax filing methods, 39% will use electronic software, 27% will use professional services, and 11% will file…