Stop Paying with Checks!
By David Dorf-Oracle on May 03, 2009
When shopping, I hate standing behind someone that writes a check. "How much was that? What's the date? Should I write my license number on it?" What a giant time sink. Clearly the person has a checking account, so why can't she get a debit card? Swipe, PIN, done. -- its just that fast. Personally, I aways use credit cards because I like the points and the 25 day grace period. Plastic is so convienent that I have no issue paying an annual fee.
The UK Payments Industry recently released their numbers for retail payments, and the trend to use debit cards is increasing. For 2008, 43% was debit, 32% was cash, 23% was credit and checks were down 4% to 3% of the total. Yeah, kill those checks!
I love the fact that Apple is geared to accept plastic payments. Anything else and you're moved to the lonely, hidden cash register behind the Geek Bar. Apple's EZPay is very unique for the retail industry, but I hope it defines a trend. The music video below is a bit over the top, but the point is clear. Use plastic. Please.