Banks plan to phase out cheques - Finance & Money Forums

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Banks plan to phase out cheques

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09-21-2009, 08:00 PM

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Banks plan to phase out cheques

Brits are snubbing cheques in favour of faster payment methods, new figures show.Credit cards, debit cards and cash increased their market share yet again in the second quarter, with cheque payments dropping 21% on year.Statistics from the UK Payments Association show payments on plastic cards rose 3% in the three month period to £95.5 billion.Commenting [...]

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