Podcast: Should we donate cheques to the Museum of Curiosity?
Issue 243 | 24 January 2022
The humble cheque
In this Payments:Unpacked Podcast we ask, whether with 330 years of cheque growth followed by over 30 years of decline, are we now at a point where the humble cheque is on the cusp of becoming an historical artefact?
With analogue (cheque) payments representing just 1.5% of the total Bacs, CHAPS, Faster Payments and Image Clearing System volumes is it the right time to join the Bahamas and decide to donate the humble cheque to that vast imaginary museum - the Museum of Curiosity?
With analogue (cheque) payments representing just 1.5% of the total Bacs, CHAPS, Faster Payments and Image Clearing System volumes is it the right time to join the Bahamas and decide to donate the humble cheque to that vast imaginary museum - the Museum of Curiosity?
The podcast from Mike Chambers at Northey Point explores:
A 17th Century Alternative To Cash Peak Cheque
A steady but profound decline
Just 1.5% market share Our payment habits have changed
The content of our pockets has changed
The end of the cheque that never was It’s not just a British thing After a long and illustrious career
After a long and illustrious career let’s send the humble cheque off into retirement and let our payment habits truly reflect the digital society we live in.
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