These days, most people have made the transition from their chequebooks to their debit cards. The fact checks never die, the transitions of checks to cards is been happening, but it only for small ...
In 2004, 81 percent businesses used cheques for B2B payments. By 2007, that number fell to 74 percent. In 2016, this number was below 50 percent. Why have businesses stopped using cheques? The reason ...
More South African banks are phasing out cheques, as digital solutions become the norm. This week, Nedbank became the latest bank to announce it was discontinuing the use of outdated cheque payments.
The Federal Government is moving to regulate digital wallets, which is another nail in the coffin for one longstanding payment method. But it’s also the next step in the phasing out of cheque payments ...
The State Bank of Pakistan (SBP) has announced plans to introduce digital cheques clearing and a unified QR code for payments in a bid to promote digital financial products and services by financial ...
A multimillion-dollar project by Canada's major banks and credit unions, which would have cut carbon emissions and saved money, has been scrapped because of numerous delays and complications. The ...
Macquarie Bank is just days away from the final stage of its digital revolution. Australia's fifth-largest bank has been slowly winding down its in-person services this year and the last part of that ...
No more cheques will be cashed after 2030 as the treasurer signs off on an end date for the once-common payment method. The decision to phase out cheques before the end of the decade falls under the ...
Cheque creation and issuance can delay the movement of capital, costing businesses time, money, and efficiencies. Cheques can hurt your business cash-flow, as it’s never clear when a cheque that you ...
These days, most people have made the transition from their chequebooks to their debit cards. The fact checks never die, the transitions of checks to cards is been happening, but it only for small ...