United Kingdom
The end of the road for the cheque in UK?
Créé le
28.04.2011-
Mis à jour le
31.05.2011Sandra Quinn from the Payments Council discusses the decision to set a target date for closing the cheque clearing. She sets out the background to the decision, the safeguards in place and the Payments Council’s approach to ensuring that the needs of all cheques users are met.
The world is a changing place. 20 years ago none of us could have imagined being able to stock our food cupboards without stepping foot into a supermarket, nor could we have imagined not using our cheque book when out shopping, but both have become a reality.
The simple fact is that consumers and businesses are using fewer cheques; cheque use has been in decline since 1990, and has fallen by almost 40% over the last five years. Each year cheque numbers continue to fall by around 10%.
However, there are still times when certain groups of people, such as older consumers and small businesses, remain ...
