PPRuNe Forums - View Single Post - Rumour: No more bank runs?
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Old 2nd Feb 2016, 11:51
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jas24zzk
 
Join Date: Apr 2008
Location: Australia
Age: 51
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Its actually amazing how many people still use cheques. I write so many myself it isn't funny.

For me as a COD business, its faster and easier for me to write a cheque. I sign it, the delivery comes and the office chick writes the rest. She doesn't have the access to do a pay anyone.

I have 1 supplier where the driver has a business eftpos card. In that suppliers case, we simply swipe it on the Jewish piano and they are paid via a 'refund'

I'm surprised bank runs have gone on this long with the cheque scanning technology the banks have. Totally no need to fly bits of paper all around the country.
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