Kevin Costain
Today, I had to deposit a cheque (or check in America). As a business owner, this is a common occurrence. In the age of electronic transfers, NFC Payments, and Interac Online – we still use these pieces of paper to transfer money to each other. It’s high time the banks upgraded this process.
The cheque itself has been around forever – they themselves were created as an improvement on money. As long as I’ve ever banked, I’ve written and received cheques and had to decide between “savings” or “chequing” accounts. If you think about it, those two aren’t mutually exclusive.