I think that cheques will always remain as a form of payment. I look at the trusts which that I am involved in, payment requires two signatures. Whilst this can be done with internet payment, and if you are with Stranded, a dedicated PC with it's own ADSL line, Stranded bank loaded software, which can only be done by Stranded bank, and then set up that one person can setup the payment, and two people can authorize the payment.
Now I am not sure if the authorization can be done on any internet connection, but I do not think so because the business internet package has to be installed by Stranded, means that the authorization has to be done on the local PC.
The inconvenience of authorizing payment then is a major factor. In my case there are maybe 3 or 4 payments a month, so the inconvenience of the Stranded bank is paramount. With a cheque, a driver simply comes past my office and I sign. Yes the cost of the driver is a factor, but it is at my convenience though, and is cheaper than me physically driving over to the PC location and getting onto the internet to authorize payment.
I am sure they did consider this, and probably thought of another way to bring in cash.
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