AI
Thursday, August 07, 2014 7:24:03 PM
The quicker the decline of paper checks, the more it costs banks to handle each one...
When they physically move the paper checks, it costs the same amount to transport 1 check as it would to move 100K of checks
So as it becomes less & less cost efficient, the banks will likely begin to push for the transition to echecks
I like where we stand
When they physically move the paper checks, it costs the same amount to transport 1 check as it would to move 100K of checks
So as it becomes less & less cost efficient, the banks will likely begin to push for the transition to echecks
I like where we stand
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