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goodbye cheques

It’s Time To Say Goodbye To The Paper Cheque

The paper cheque was so… 1762? Really? Yep, that’s when the first printed versions were introduced in 1762 by British banker Lawrence Childs. Isn’t it about time you stopped living in the past?   Somehow, despite the numerous disadvantages it poses, the cheque continues to play a big role in…

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employment agencies

Employment Agencies Need To Get Rid Of Cheques And Choose Prepaid

Does your employment agency find it challenging to simultaneously coordinate payments for full-time, temporary, and underbanked workers? We know, and we’re here to help.   While cheques have been the go-to form of payment for workers for years, many companies, business owners, and employees are aware that there are better,…

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Cheques Rank Last For Satisfaction Among All Payment Methods, New Survey Shows

Cheques need to “cheque-out,” according to a new survey on payment methods. The PYMNTS Disbursement Satisfaction Index measures consumer satisfaction across payment methods. The report surveyed 2,528 consumers in Q2 2017 and examined disbursements in the form of cash, cheque, direct deposit, instant credit pushed to a card, and non-instant…

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16 Cheque Infographic Stats That Show Why Cheques Are On Their Way Out

Using is cheque is a thing of the past. Cheques are old, outdated, and on their way out–they are analogue players in a digital world. People and businesses want security, speed, and ease-of-use, and there are much better solutions to these problems than cheques. Don’t believe us? Check out the…

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Pros and Cons of Prepaid Cards and Paper Cheques

For decades, paper cheques have been the traditional payment method for most businesses and organizations around the world. Cheques became the standard method of payment because they are safer than cash and they provide a physical record of the payment. However, the payment industry is continually innovating to make the…

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Pros & Cons of Payment Cards vs. Paper Cheques: We Break it Down

For decades, paper cheques have been the traditional payment method for most businesses and organizations around the world. Cheques became the standard method of payment because they are safer than cash and they provide a physical record of the payment. However, the payment industry is continually innovating to make the…

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4 Reasons Why Your Business Needs To Switch From Cheques To Prepaid

Cheques Vs. Prepaid In 2004, 81 percent of businesses used cheques for business-to-business payments. In 2007 that number fell to 74 percent. In 2016, the number now sits at a paltry 51 percent. The reason for this rapid fall? Prepaid payments. In today’s fast-moving society, employees and employers alike don’t…

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