With banks getting 50c/cheque it might be no harm to remember the old mantra, “Cash is king.” \ Ramona Farrelly
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Shoved down the back pocket of jeans, folded and stained after a sale or handed eagerly to the bank teller, the humble cheque has been an important piece of paper to farmers.
But it looks to be falling out of favour with modern day consumers.
Banking and Payments Federation Ireland figures show a 15% drop in the use with 6.6m cheque payments in the first quarter this year.
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Then again, with banks getting 50c/cheque it might be no harm to remember the old mantra “cash is king.”
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Shoved down the back pocket of jeans, folded and stained after a sale or handed eagerly to the bank teller, the humble cheque has been an important piece of paper to farmers.
But it looks to be falling out of favour with modern day consumers.
Banking and Payments Federation Ireland figures show a 15% drop in the use with 6.6m cheque payments in the first quarter this year.
Then again, with banks getting 50c/cheque it might be no harm to remember the old mantra “cash is king.”
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