Keeping track . . .

paper checks still popular

paper checks continue to be America's favorite way to pay bills, despite the growing popularity of technologically savvy debit cards, ATMs, and computerized billing services that grab payments straight from checking accounts. A recent survey by the Check Payment Systems Association (CPSA) in Washington found that:

*More than 89 percent of all Americans use checks as their No. 1 payment method.

*Checks account for 73 percent of noncash transactions.

*Check growth over the past 20 years has skyrocketed from 28 billion checks written in 1976 to nearly 65 billion in 1996.

According to CPSA, checks remain popular because they are more accurate, final, private, and secure.

(c) Copyright 1999. The Christian Science Publishing Society

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK