The UK’s major banks have voted to stop clearing cheques by 31 October 2018, bringing to an end the 350 year old payment method. Last May the Payments Council delivered its first national payments plan which includes proposals for the "managed decline" of paper-based cheques. During the public consultation the Council had suggested that cheques [...]
The post UK banks vote to bounce cheques by 2018 appeared first on Payments Cards & Mobile.
