Today’s NY Times as an article (free registration required) about how some consumers are still dragging their feet about banking online. What really interests me is not that people are not banking online, but that they are purchasing other items online. Here are some implications for Extension:
- We need to move aggressively to develop 24/7 online systems and expand our abilities to accept payments electronically.
- Local governments and states that rely on sales tax from stores in their geographic boundaries could lose sales tax revenues. Many of these governments also fund Exension. This was a topic of conversation introduced by county commissioners at this week’s County Commissioner Days in Ohio. A public policy issue to discuss and work on.
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