Why Are People Still Using Checks To Purchase Items?

Believe it or not, paper checks are still going strong, even in the year 2017. There’s something truly timeless that comes with making a check out to someone, and it has been predicted many times in the past, paper checks are unlikely to die out anytime soon even if a lot of people don’t know how to write a check the right way. They hold a prominent place in the hearts of shoppers everywhere, and they offer something that no platinum MasterCard ever could!

Why are people still using checks, you ask?

1. Many small businesses in America can’t afford to pay large corporations credit card processing fees. You’ll probably notice that many small retailers ask that goods be paid for using either cash or check. Government and locally run organizations such as medical offices, school districts, and libraries will often make it a general rule to only accept cash or checks.

2. Checks are still the go-to payment method for most individuals when they run out of cash or forget their credit cards. In fact, when you’re looking to pay money to someone you know, a check is easily personalized and carried on your person. There are plenty of digital payment methods such as PayPal, but they’re not readily accepted in shopping malls and nor are they a popular method of payment. Perhaps in a few years, more retailers will allow digital payment processing companies, but up until that happens, checks are here to stay.

3. There are certain companies that provide discounts when paying for services or products using cash or check. Since there aren’t exorbitant processing fees to contend with, companies can afford to charge less for the things they offer. This practice is commonplace at gas stations, for example, where you’ll get a discount on your gas.

4. The only payment method that really leaves a trackable paper trail is a check. You can become more responsible with your spending as you’ll think twice about where your money goes and how it’s spent. Additionally, you can keep track of the people that have cashed the checks you’ve made out to them!

It’s probably shocking to many younger people that checks are still a thing, but as you can see, they offer shoppers so many often overlooked benefits. From being able to follow its paper trail to your ability to save money at a moment’s notice, writing checks won’t become a thing of the past anytime soon!