Wednesday, September 29

The decline of the cheque as shoppers switch to debit cards

Extract . . .

"The use of cheques dropped 10 per cent during the second quarter of the year as people used debit cards instead.

An average of 290,000 fewer cheques were written each day during the three months to the end of June, compared with the same period of 2009, according to the Payments Council."

Link
http://www.telegraph.co.uk/finance/personalfinance/7990166/Cheque-numbers-decline-as-shoppers-switch-to-debit-cards.html

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