Paper Checks Will Be Banned As We Move To Digital Control Grid
Kaleigh Rogers
GovtSlaves.info
05/17/2015
Usually when I write a Why Is This Still a Thing column, I discover that although the technology seems outdated, a better option has never really come along to replace it.Condoms, tampons, shoelaces, and even fax machines are kind of hard to beat for their intended purpose. But today I’m tackling a different beast: the paper check.
The paper check does have a better alternative. Lots of them. You can use PayPal or Venmo or e-transfer from your bank (or about 500 other electronic systems) to transfer money to another entity without ever having to put pen to paper, place a check it in an envelope, lick a stamp, and mail it like it’s fucking 1847.
Yet my landlord, and hundreds of businesses across the US, still insist on using paper checks.
“They’re still a major form and a favorite form of doing business,” Larry Schweikart, a banking and business historian at the University of Dayton, told me over the phone. “I personally like doing business with checks.”
The Rest…HERE
