• @loudpaperclips
    link
    218 months ago

    The issue is further up the chain but it’s an issue nonetheless. Banks want to go back to physical transactions about as much as people do, so in reality they should be charging for the physical to get people to move to digital.

    It’s safer, faster, and encourages more spending, just like a credit card does.

    • brianorca
      link
      48 months ago

      But the fees for check processing were already baked into the system before credit cards even existed, so they’re not allowed to charge extra for a check, no matter how much they want to be rid of them.

      • @Eatspancakes84
        link
        48 months ago

        These systems can change as they have done everywhere except in the US. In most of Europe digital transfers are free and checks virtually nonexistent.