The Future of Checks – Tales From The Crypt
South State Correspondent
OCTOBER 25, 2023
Halloween is approaching, so we might as well talk about death. Checks are dying and about to die quicker, given the rise of instant payments. In the next two years, many banks will have strategic plans to phase checks out, given their cost and reduction in frequency. The number of checks written hit about 8 billion in 1952.
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