On: Full consensus for disconnecting Russia from SWIFT...

[coolestguy]

>checks

Unbelievable that this is how americans regularly use money

[quesera → coolestguy]

Payment by check is really not that common in US retail commerce.

2021 numbers from the Fed indicate 2% of in-person payments are via check, and I suspect that skews very heavily toward older customers.

For comparison: 34% debit card, 31% credit card, 28% cash, 4% "other".

https://www.frbsf.org/cash/publications/fed-notes/2021/may/2...

[DyslexicAtheist → coolestguy]

France is heavily using them heavily too. Some people even pay their groceries with cheques.