Checks are still effectively digital though. When it gets cashed or deposited there’s a digital transaction recorded, with the payer and payee listed. And a personal check is tied to the checking account that can be tracked or deactivated instantly if that’s a concern.
deleted by creator
Checks are still effectively digital though. When it gets cashed or deposited there’s a digital transaction recorded, with the payer and payee listed. And a personal check is tied to the checking account that can be tracked or deactivated instantly if that’s a concern.
Yes, they are just an inefficient way to digitise a payment.
Checks have been processed identically to debit cards since about 2008, with Check21, so this changes nothing.