Online Banking Will Kill Off Cheques

Source - Imgspark

Cheques will eventually become a thing of the past as technology marches onwards. How often nowadays do you see someone paying for their goods via cheque? Not often. the closest I get is using a bankers draft to pay for a big purchase, but for everyday items, it is becoming commonplace to use a card. These days, you can use your mobile to do anything from order things online to checking your account balance, all whilst on the bus on the way to work.

These days some banks give you the option of not having chequebooks at all, and you may also get a choice with online bank accounts whether or not to get your monthly statement posted. Of course the environmental benefits of no paper statements are obvious.

In all areas, internet banking and internet based transactions are usurping their manual, paper based counterparts as the inevitable march of technology continues. The writing is surely on the wall for these old fashioned ways of paying for our goods.