Cheques are here to stay!

HERE TO STAY: CHECKS REMAIN AN IMPORTANT METHOD OF PAYMENT FOR U.S. CONSUMERS AND BUSINESSES

Credit: cumminsallison.com1 AUGUST 14, 2012, MT. PROSPECT, IL— Although electronic banking has become increasingly popular in recent years, checks remain a common and highly used method of payment in the United States. A 2010 Federal Reserve Payments Study estimates that there are still 24.4 billion checks written in the United States annually. In fact, checks written …

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