In recent years, the usage of paper checks has declined — the average American now only writes about two checks a month.
But according to Jay Zagorsky, a professor of markets, public policy, and law at Boston University, getting rid of them entirely might not be the best idea.
“It's important, as an academic, to point out that there are advantages of some of, we'll call it more [of] the old-fashioned ways” Zagorsky said.
“Marketplace” host Kai Ryssdal spoke with Zagorsky about the movement.
Click the audio player above to hear their conversation.