Innovation in electronic payments to accelerate demise of cheques

By Caitlin Fitzsimmons
Updated February 15 2016 - 10:08am, first published February 10 2016 - 12:15am
Consigned to history: New electronic funds transfer systems will mean the days of writing out big cheques will be over for most people. Photo: Salvation Army
Consigned to history: New electronic funds transfer systems will mean the days of writing out big cheques will be over for most people. Photo: Salvation Army

It's been almost 20 years since I last owned a cheque book in Australia, and I never felt that anything was lacking until I tried to buy a house two years ago.