NEW YORK—A new survey reveals that 44.5% of respondents have not written a physical check in the past year.
The study from GOBankingRates polled 1,000 Americans.
“While this percentage may seem quite high, many are still using their checkbooks on an active basis. For instance, 15% said they write a few checks a month and 22% write a check once a month,” GO Banking Rates stated in its analysis.
“In an increasingly digital world where we rely on automatic payments, we may wonder if writing checks will become obsolete. For those who still need them, though, checks are a vital part of their financial lives,” GOBankingRates concluded.
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