Money Analysed

The End of Check Writing: Embracing Alternative Payment Methods

Using checks is a popular payment method that has been in use since the early 18th century, and it is still in use today. While the use of checks is not as popular as it used to be, it remains a convenient way to pay bills, send gifts, and make payments.

While there are benefits to using checks, such as record-keeping and paper trail, there are also some risks associated with this payment method. Risks of using checks:


Mail theft

One common risk associated with using checks is mail theft. Mail theft is the act of stealing mail from someone’s mailbox to obtain personal information or a check to cash.

This is an issue that has worsened with the increase in online shopping as well as the availability of credit card information online. To avoid mail theft, it is essential to use a mailbox that is secure or to send your checks through a reliable service such as certified mail or a courier service that tracks the package until it is delivered.

2. Personal information on display

Using checks also presents the risk of displaying personal information such as your bank account number and other sensitive information, which can be seen by anyone with access to the check.

Identity theft is another possibility, as scammers can use the information on checks to open new credit accounts, take out loans, or file tax returns. To protect yourself from identity theft, it is important to avoid using checks when possible and instead use safer payment methods such as debit or credit cards.

3. Checks can be thrown out intact

Another risk associated with using checks is that intact checks can easily be thrown out and picked up by anyone.

If a thief picks up an intact check, they can easily use the check to cash it or deposit it in their account, and it might be hard to notice unless you regularly check your bank account statements. To prevent this risk, it is essential to shred your checks when you are done with them to prevent anyone from getting access to your information.

4. Home invasion

A lesser-known risk associated with using checks is the possibility of a home invasion, where thieves break into your home to steal your checkbook or other valuable information.

To avoid this risk, it is important to make sure that your checkbook is always kept in a secure place and is not left lying around in plain view. 5.

Lack of protection

Finally, when using checks, there is a lack of protection offered by banks compared to other payment methods. Checks can be easily forged or altered, and if you do not spot the discrepancy, you can easily lose your money.

Additionally, if your check is lost or stolen, the bank may not be able to recoup your funds. It is essential to ensure that your checks are safe and to report any discrepancies or issues immediately.

When to use a check:

1. Recovering from identity theft

If you have been a victim of identity theft, using checks can be a good way to slowly rebuild your credit by making regular payments.

This is because checks allow you to establish a payment history and can help you rebuild your credit score. It is also essential to use checks as a payment method when you want to avoid giving your credit card information to anyone online.

2. Need to make a large payment

Checks are also a good payment method when making a large payment, such as purchasing a car or paying for a remodeling project.

This is because using checks provides a more considerable paper trail, which can make auditing financial purchases easier. 3.

Sending gifts

If you are sending a gift to someone, using a check can be a good way to ensure that your gift arrives safely. Additionally, checks can be a good payment method for services rendered, such as a contractor who has completed work on your home.

In conclusion, while using checks can be a convenient way to make payments, there are also risks associated with using them. It is essential to take the necessary precautions to prevent theft and fraud from occurring.

Additionally, it is essential to consider the payment method when making significant purchases or wanting to establish a paper trail. Overall, it is essential to weigh the pros and cons of using checks when making a payment.

As technology continues to advance, so do payment methods. While checks were once the main payment method for most people, technology has provided more convenient and safer options.

In this article, we will explore some alternatives to writing checks and why they are an excellent option for today’s world. 1.


Autopay is a payment method that allows you to set up automatic payments for monthly bills such as rent, utilities, and insurance. With autopay, payments are automatically deducted from your account on a set date each month.

Setting up autopay allows you to avoid late fees, reduces the risk of missed payments, and ensures that your bills are paid on time. 2.

Payment Apps:

Another alternative to writing checks is using payment apps such as Venmo, PayPal, Cash App, or Zelle. Payment apps allow you to make online payments directly from your bank account.

Payment apps offer convenience, as they allow you to send money to anyone anywhere, in real-time. Payment apps also offer additional safety measures such as two-factor authentication and password protection.

3. eChecks:

eChecks are electronic checks that function like traditional paper checks but are sent and processed electronically.

With eChecks, all information is encrypted and delivered to the recipient’s bank account. eChecks offer convenience by allowing you to make payments instantly without the need to address an envelope or find a stamp.

eChecks are secure, and most vendors accept them as a method of payment. 4.

Credit Cards:

Credit cards are another popular alternative to checks. With credit cards, you can make payments online and in stores, and most offer cashback rewards or points for purchases.

Credit cards offer additional benefits such as fraud protection, purchase protection, extended warranties, and travel insurance. However, it’s essential to use credit cards responsibly to avoid high-interest rates and debt accumulation.

In conclusion, writing checks as a payment method is decreasing in popularity as new alternatives become increasingly popular. Technological advancements have provided safer and more convenient payment options.

Autopay, payment apps, eChecks, and credit cards are among the most popular alternative payment methods available. It’s essential to consider your payment options carefully and choose the best option for your needs and financial goals.

The shift away from checks as a primary payment method is becoming more apparent as payment technology continues to advance. Alongside the traditional method of writing checks, several alternative payment methods have emerged.

Autopay, payment apps, eChecks, and credit cards are safer, more convenient, and widely recognized as viable payment methods. As more individuals opt-out of using checks, it is essential to consider the best payment method for financial goals and choose the most appropriate option.

The alternatives to checks offer more secure, efficient, and comfortable ways to make payments, encouraging the reduction of checks as primary payment methods.

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