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Old 12-08-2005, 08:52 PM
HoldingFolding HoldingFolding is offline
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Join Date: May 2004
Location: Osaka, Japan
Posts: 52
Default Re: Why checks still exist

OT: Why do checks still exist.
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A lot of people still like having the control over making payments

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Surely you have just as much control making a transfer using an ATM. When I hear about all the hassles involving checks it just strikes me that the simple electronic transfer is so much more cut & dried. I'm in Japan where checks have never really existed and you never have to hear "the check's in the post" - either the money's been transferred to your account or it hasn't.
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