Quote:
Originally Posted by Daseal
If the changes for Debit/Credit cards being charged an extra 3% on every purchase, expect to see checks make a comeback. Especially for things like groceries. Many stores already put a markup of ~3% on items to cover their losses from people using debit/credit cards... now they'll be getting that 3% straight to their pocket.
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Actually now, if you go into most grocery stores and pay with a check, they still run it through and deduct from your account just like they would do if you paid with a debit card or credit card. The only difference is that it takes longer for them to have to run the check through, getting you to sign the receipt, etc...they hand the check back to you when it has been cleared. So, I'm not sure if using checks now would really make a difference other than wasting more time.