NEW STUDY: Consumers Hate Getting Checks, Why Do Companies Still Send Them?
PYMNTS
OCTOBER 3, 2017
Paper checks are clunky, unpopular and outdated. So, why do they still dominate the American economy, with more than $22 trillion in checks written each year? Ask the ones writing the checks. They rated checks as the worst disbursement method, giving it a score of 4.4 and direct deposit (100.0) out of 100).
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