Check Clearing and Direct Deposit

Don’t Write Off The Paper Check Just Yet

PYMNTS

JANUARY 23, 2018

Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016. It’s true that checks have faded out in many respects, like in business-to-consumer and consumer-to-business transactions at the point of sale (POS), with direct deposit payroll and the like.

Remote Deposit Capture

Remote Deposit Capture Checks Same Day ACH ACH

The Fastest Path To Faster Payments In The US

PYMNTS

MARCH 28, 2016

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. There is some precedent for getting rid of the check here in the U.S. Getting rid of checks, on a wholesale basis, granted, is a lot harder. In 2011, the U.S.

Faster Payments

Faster Payments Checks Payments Fed

Payments Space

Don’t Write Off The Paper Check Just Yet

The Fastest Path To Faster Payments In The US

Webinars

Stay Connected