
Are checks disappearing?
Since the age of electronic transactions, checks in general are still being used. The personal checks are beginning to decline. Business checks are still steady. Some people just don’t want to deal with the banks because of the fees and other reasons. You can still have your money to be deposited into a account and your debit card would have the fund on it instantly on that payday. Walmart is one of them that are offering the Green Dot service.
Business checks are still being used very strongly overall though. WHY? It’s cheaper to write a check than it is for electronic deposit per employee. Business checks are a lot easier to trace and easy for reconciliation of your acct.