this post was submitted on 15 Sep 2024
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My guess is that forcing you to withdraw cash or write checks is more profitable for one of the most under-regulated industries in the world in one of the most under-regulated countries in the world ๐คท
Just how backwards do you think we are? I haven't written a check for at least ten years. Everything is electronic now.
The last time I paid for rent via check was... 12 years ago? And that was for a pretty ghetto apartment. Everything before and after was electronic (some used Paypal, some had a website that accepted bank transfers, and accepted Venmo). I write maybe one check/year these days, and usually for a wedding. This year, I'm back to writing multiple, because my kid's pre-school charges extra for Venmo for some reason.
Very, very backward