Cheques used less and less

The use of cheques in our personal and business life is on the decline. Despite millions of them being written last year, the overall number of cheques being written is down by 40% since 1990.

Internet banking and credit cards are generally the preferred choice for many people for ease of use and convenience, however many business still need to use cheques (and be charged for the privilege).

They are also very essential for people who cannot remember all their usernames and security passwords!

APACS is the Association of Payment Clearing Services who collect and report all the statistics for cheque usage in the UK.

Read more about it in the article Number of cheques written falls

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