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Checks Are Still Here for a Reason | Dayton News
Despite digital payments booming, Americans still write over 9 billion paper checks annually—worth $24 trillion—averaging more than two checks per person monthly. While government agencies like the IRS and Treasury are pushing for full electronic transitions to cut costs and curb fraud, checks remain vital for large transactions and small businesses seeking to avoid credit card fees. Globally, countries like Germany and Australia are moving away from checks, but experts argue the U.S. should preserve this option for specific use cases where checks still offer real value. Listen in comfort:Get…
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