Professor Jay Zagorsky from Boston University explains the movement behind getting rid of paper checks — and why he thinks they’re more useful than they might seem.
Their use is waning, but not everyone is sold on digital payments.
In the U.S., people wrote about 38 checks on average in 2015, compared to 18 in Canada, 8 in the U.K., and almost none in Germany.
This final note today: Some solace the next time you get stuck behind somebody paying by check in the grocery store. Yes, Mom, I'm talking to you….
