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> People in the US still use cheques. And they have to pay (a lot) to print those. US citizen, and I haven't used a single cheque in over a decade. The actual
by jshevek 10y ago
> People in the US still use cheques. And they have to pay (a lot) to print those.
US citizen, and I haven't used a single cheque in over a decade.
The actual costs of printing cheque are negligible, and every bank and CU I've used gives them to customers for free.
- dingaling 10y agoPrinting is cheap, but processing the cheques at the other end is expensive; about 70 cents each and that was with a system that scanned them at point of receipt and converted it to ACH.