Why Do People Still Use Paper Checks
Updated August 01, 2017 In the days of electronic payments, checks can seem outdated. But they’re still routinely used for payments to businesses and landlords because they can be less expensive, more convenient, and more predictable than modern day digital alternatives. Checks are Cheap and Convenient Whenever you make a purchase by credit or debit card, the merchant gets charged a fee by the various financial institutions involved in the transaction, generally a small percentage of the total price....