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UK Wants To Phase Out Checks By 2018
The board of the UK Payments Council has set a date to phase out checks in a bid to encourage the advance of other forms of payment. They added, however, that the target of Oct. 2018 would only be realized if adequate alternatives are developed. "The goal is to ensure that by 2018 there is no scenario where customers, individuals or businesses, still need to use a cheque. The board will be especially concerned that the needs of elderly and vulnerable people are met," the Payments Council said in a statement.
I'd rather see the end to cash rather than cheques. I hate when people pay with cash.. sitting there holding up the line while they count their dimes and pennies, then end up dropping them. A card is so easy to use, swipe and done. One thing I don't like about cards is that they can track your purchases and locations.
Valkyrie is about to die! Wizard needs food -- badly!
It isn't spelt 'checks' it's 'cheques' in the UK - for fucks sake get it right.
I didn't know Slashdot comments came in wheat gluten-free versions now!
If it's for-profit but free, you're not the customer -- you're the product (e.g., the Slashdot Beta's "audience").
Where is the "Sudenoutbreakofcommonsense" tag when one needs one?! When I moved to the UK about two years ago I was quite shocked that cheques did exists here and have been used so much. We are in the 21st century and one still writes paper slips which takes an insane long time to be processed and cleared!? In all the countries I lived before payment by bank transfer was the most convenient thing to do. Even transfering between states in Europa (those who are modern enough to use the same currency) is free and works nowadays like a charm! So why is UK still so much behind the state of the art?