The benefits of your first two points are even greater with electronic mechanisms of transferring money. And a big downside of checks is that it reveals your b

The benefits of your first two points are even greater with electronic mechanisms of transferring money. And a big downside of checks is that it reveals your bank account and routing # in an ACH system where money can be “pulled” anytime from your account. Compare to an electronic money transfer system where money is pushed from entity to entity using a unique identifier, but can’t be “pulled”.