The Future of Check Payments What will happen to Check Payments in the future?.
United Kingdom is already laying the groundwork to do away with checks by 2018.
It costs the financial system billions of dollars a year to process checks.
Plastic cards and online transactions will lead to the eventual demise of
the check.
This plays right into the end of the post office. If you never
paid your bills by mail and never received them by mail, the post office
would absolutely go out of business.
