Cheques Are On The Way Out
While a recent report highlighted the demise of the traditional cheque as a payment method, the value of cheques written was still well in excess of the value of credit card use. It may then come as a surprise to know that the London Underground have recently announced plans to stop accepting cheque payments from the 15 July. They now join a band of retailers who no longer take cheques which includes ASDA, Morrisons, Boots, WH Smith and Shell to name but a few.
