this post was submitted on 07 Jul 2024
113 points (96.7% liked)

Business

340 readers
128 users here now

A place to share business news and insights.


Rules


  1. Follow lemmy.world rules
  2. Only post content related to business
  3. Do not use this community to promote your business

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] macarthur_park@lemmy.world 27 points 1 month ago (1 children)

Checks are still effectively digital though. When it gets cashed or deposited there’s a digital transaction recorded, with the payer and payee listed. And a personal check is tied to the checking account that can be tracked or deactivated instantly if that’s a concern.

[–] hitmyspot@aussie.zone 8 points 1 month ago

Yes, they are just an inefficient way to digitise a payment.