Cheques move a step closer to extinction

jeanmd

I only tend to use cheques now to pay for my daughters eductional extras. i.e. trips, music lessons and just last week D of E. I feel it's safer then handing over cash and schools don't tend to have the facilities to take debit card payments. Other then that I only use cheques when giving money to relatives. I would hope they continue to allow cheques, though losing the cheque guarentee card doesn't bother me for the things I used them for.

jambosans

Inactive wrote: »

http://www.paymentscouncil.org.uk/about_us/related_organisations

Mainly bankers of course...:rolleyes:

The banks, as ever, will do exactly what the banks want to do, we the consumer, as ever will not get a look in.

Of course they will, they are businesses after all. Burying an antiquated form of payment used by a minority of customers will save them money.

The consumer has clearly had a say, through the gradual decline in the use of cheques. No doubt you will argue this has been forced by the banks and businesses. However I feel the reason is much more simple: the vast majority of consumers have moved on to more convenient ways to pay and transfer money.

You are a dying breed of consumer who will (after refusing the alternatives), eventually, be dragged kicking and screaming with your invalid cheque book clutched tightly in your right hand into the 21st Century. :eek:

Poppy9

jambosans wrote: »

You are a dying breed of consumer who will (after refusing the alternatives), eventually, be dragged kicking and screaming with your invalid cheque book clutched tightly in your right hand into the 21st Century. :eek:

Use of cheques has fallen in that for main shopping instore or online people use debit/credit cards.

But thereis not a dying breed, there is a constant stream of cheque users i.e. parents of school aged children.

School ask for payment for trips by cheque as it avoids lost cash for school children and is easier admin for staff.

Many schools also encourage termly payment of school meals by cheque as it's easier for them.

Then there are the clubs etc. All of which find it easier for parents to pay by cheque.

The benefit for these large organisations with limited admin. staff is less cash on the premises, less chance of money going missing and easier to verify who has/hasn't paid.

Until schools/clubs come around to asking for bank credits there is going to be a demand for cheques.

jambosans

Poppy9 wrote: »

Use of cheques has fallen in that for main shopping instore or online people use debit/credit cards.

But thereis not a dying breed, there is a constant stream of cheque users i.e. parents of school aged children.

School ask for payment for trips by cheque as it avoids lost cash for school children and is easier admin for staff.

Many schools also encourage termly payment of school meals by cheque as it's easier for them.

Then there are the clubs etc. All of which find it easier for parents to pay by cheque.

The benefit for these large organisations with limited admin. staff is less cash on the premises, less chance of money going missing and easier to verify who has/hasn't paid.

Until schools/clubs come around to asking for bank credits there is going to be a demand for cheques.

There are other methods of payment. Right now schools, clubs, small businesses etc may "prefer" cheques but they will adapt and adopt alternatives. Post 34 on this very thread being an example.

I am perfectly aware that cheques today are still the preferred method of payment on many occasions, and for certain consumer groups, hence the quote from the BBC Article in an earlier post on this thread.

I can't really see what the argument is about any more... It has not been announced cheques are being phased out, even though it is easily assumed from the removal of the guarantee card and their steady decline. It has been agreed there are still consumers who require cheques for which I again refer you back to my post on the BBC Article, which clarifies The Payments Council's stand point on this issue.

Inactive

jambosans wrote: »

You are a dying breed of consumer who will (after refusing the alternatives), eventually, be dragged kicking and screaming with your invalid cheque book clutched tightly in your right hand into the 21st Century. :eek:

You are wrong there, I am not really overly concerned for my own usage, my cares are for the less fortunate amongst us like the 88 year old Father mentioned earlier who will through no fault of their own lose their independence because the banks want to squeeze a few more bob out of us all.

The " 88 year old Father " type of customer will have no say in any of this.

jambosans

Inactive wrote: »

You are wrong there, I am not really overly concerned for my own usage, my cares are for the less fortunate amongst us like the 88 year old Father mentioned earlier who will through no fault of their own lose their independence because the banks want to squeeze a few more bob out of us all.

The " 88 year old Father " type of customer will have no say in any of this.

I fail to see if and when cheques are phased out how this will "squeeze a few more bob out of us all". The alternatives that exist are free to most consumers. Banks will save money, no doubt about that, but this won't cost the consumer anything.

If you had bothered to read the other posts I have made (for example the reply previous to your post) you would realise I have addressed the issue surrounding the elderly.

Inactive

jambosans wrote: »

This thread is dead and all that can be said has been. If you chose to selective read then I am not going to counter argue any further points - it is a waste of my time and yours.

This thread is dead only when people stop posting on it, not when you say so.

You of course are free to leave it at any time, nobody forced you to contribute to it in the first place.:rolleyes:

Inactive

jambosans wrote: »

The reason why I have said this thread is dead is because posters like yourself keep spouting the same points that have already been addressed. Unless you want to continue a healthy debate by making a counter argument or moving the discussion on then any exchange seems like a waste of time.

Fine, don't keep posting on it then ... sorted.

As I have said, nobody is forcing you to contribute any further.

Inactive

jambosans wrote: »

You seem more concerned with me posting on this thread than actually responding to points which you have made that I have addressed.

Look, I couldn't care less if you post, or choose not to.

You said the thread was " dead " it isn't, end of.

jambosans

Inactive wrote: »

Look, I couldn't care less if you post, or choose not to.

You said the thread was " dead " it isn't, end of.

I have removed my comment regarding this thread being dead and deleted my responses from our wee exchange. Calling the thread dead, even though I stand by my reasoning, was inappropriate and has led to a completely off topic childish exchange. I was arguing for arguments sake over nothing and I don't want to discredit previous posts I have left on this thread. Justifying myself to you didn't work, so removing the comments seemed like the best way to draw the matter to a close.

Apologies if you took it the wrong, I will converse with you on the matter no longer, only if you choose to discuss the OP I may respond.