4 ms·

You can replace "cash" with "check" in the parent comment, it still applies :) ("third world nation" would probably be a bit strong)

masklinn 6y ago
> "third world nation" would probably be a bit strong Or a bit weak. Not sure any nation has phased out cash entirely, but I'd assume many developing economies have phased out general use of checks if they ever had it. ("third-world" is very much a misnomer as it meant countries not aligned with either the US — the first world — or the USSR — the second world — so the US can't be a third-world nation by definition)
- judge2020 6y ago
  It's probably safe to say that the term has evolved into referring to less-developed nations rather than the original meaning, at least when used inside the US.
liability 6y ago
What's wrong with checks/cheques? I prefer paying by check and I'd be pretty miffed if ever I had a landlord that didn't accept them. I don't understand why Europeans think the option of paying by check is so derisible. I could just as easily have the money sent automatically by my credit union every month, but I want to pay by check.
- rrobukef 6y ago
  Because of the frequent fraud and anti-fraud problems checks have. As far as I know, most people in the USA need that money that day or that week. Any delay is risky. ID-fraud or a flagged check seems like a nerve wracking incident.
  - liability 6y ago
    As far as I'm concerned checks are simple and low stress. If you don't prefer them that's as valid an opinion as mine, but why is the option of paying by check seen as so awful? For instance, elsewhere in this discussion (emphasis my own): "no landlords I talked to took cheques, thankfully." What's so great at other people being denied their preference??
- williamdclt 6y ago
  > but I want to pay by check Totally your right ofc, but I'm curious about why? What makes paying by check better for you compared to an automatic or manual transfer?
  - kube-system 6y ago
    Checks are the #1 lowest friction way to pay. You don’t need internet connectivity, don’t need to make change, don’t need their bank account number — you don’t even need the recipient to have a bank account at all. They suck to receive, but I love paying with them. I don’t even have to write them out if I don’t want to, I can schedule them to be sent by my bank automatically.
_fat_santa 6y ago
And a ton of US banks already have a way around this I believe. You can setup bill pay and the bank will basically dropship your landlord a rent check.

masklinn 6y ago

> "third world nation" would probably be a bit strong Or a bit weak. Not sure any nation has phased out cash entirely, but I'd assume many developing economies have phased out general use of checks if they ever had it. ("third-world" is very much a misnomer as it meant countries not aligned with either the US — the first world — or the USSR — the second world — so the US can't be a third-world nation by definition)

judge2020 6y ago
It's probably safe to say that the term has evolved into referring to less-developed nations rather than the original meaning, at least when used inside the US.

liability 6y ago

What's wrong with checks/cheques? I prefer paying by check and I'd be pretty miffed if ever I had a landlord that didn't accept them. I don't understand why Europeans think the option of paying by check is so derisible. I could just as easily have the money sent automatically by my credit union every month, but I want to pay by check.

rrobukef 6y ago
Because of the frequent fraud and anti-fraud problems checks have. As far as I know, most people in the USA need that money that day or that week. Any delay is risky. ID-fraud or a flagged check seems like a nerve wracking incident.
- liability 6y ago
  As far as I'm concerned checks are simple and low stress. If you don't prefer them that's as valid an opinion as mine, but why is the option of paying by check seen as so awful? For instance, elsewhere in this discussion (emphasis my own): "no landlords I talked to took cheques, thankfully." What's so great at other people being denied their preference??
williamdclt 6y ago
> but I want to pay by check Totally your right ofc, but I'm curious about why? What makes paying by check better for you compared to an automatic or manual transfer?
- kube-system 6y ago
  Checks are the #1 lowest friction way to pay. You don’t need internet connectivity, don’t need to make change, don’t need their bank account number — you don’t even need the recipient to have a bank account at all. They suck to receive, but I love paying with them. I don’t even have to write them out if I don’t want to, I can schedule them to be sent by my bank automatically.

_fat_santa 6y ago

And a ton of US banks already have a way around this I believe. You can setup bill pay and the bank will basically dropship your landlord a rent check.