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Personal Finance (Other)

Are electronic money transfers better than paper checks?

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  • 1 of 1

    by Sanjit Datta

    Electronic money transfers have definite uses. The IRS uses them to debit taxes out of business's accounts, and kidnappers love having ransom money wired to untraceable accounts...read more

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  • by Jimmy Nightingale

    Are electronic money transfer better than paper checks? Well, let me ask a couple of other questions. Is the Pope Catholic? Do bears do their business in the woods? Th...read more

  • 2 of 9

    by Marco Angioni II

    The rise of the computer and the Internet has caused many changes in the way we conduct business and manage our finances. Most banks, credit unions, and savings and loans insti...read more

  • 3 of 9

    by Joost Steffensen

    When I was ten years old I remember my father writing a check in a hardware store. To my ten year old self it seemed like a very complicated procedure and I wondered why he didn...read more

  • 4 of 9

    by Nita Tyson

    For convenience, safety, and security, electronic money transfers can't be beaten. Paper checks are just that: paper. Paper is easy to steal, and easy to lose, tear, or ruin. Pa...read more

  • 5 of 9

    by Ayesha Long

    Are electronic money transfers better than paper checks? Absolutely! Besides the fact that technology has become the number one mode of communication within the global eco...read more

  • 6 of 9

    by Judy Joyce

    ELECTRONIC FUNDS TRANSFERS ARE BETTER THAN PAPER CHECKS FOR SOME: CONSIDER WHAT BARTERING ACTUALLY MEANS. If you've ever eaten cheese you can use EFT (Electronic Funds Transfer...read more

  • 7 of 9

    by Daniel Xiao Wang

    When I was a teenager I thought that I would hate direct deposit. There was just something important and satisfying about having a physical check in my hands. Then I went ...read more

  • 8 of 9

    by Yancy Caruthers

    A growing number of people say "Yes." Among the holdouts is my father, a very active 67-year old. He and Mom have had the same account at the same local bank since 1962. Th...read more

  • 9 of 9

    by Kenny Kinard

    Paper is slowly becoming a thing of the past. News papers, Magazines, Daily expenses, and statements are all being accessed technically. Electronics have made things safer and i...read more

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