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October 31, 2017 06:55 am -04

UK banks can now clear cheques in a day

Although the future of payments is digital, thanks to contactless and mobile, physical methods like cheques are still remarkably popular. For years, recipients have needed to wait up to five days for their signed piece of paper to clear, but that's a...

Original Link: https://www.engadget.com/2017/10/31/uk-rolls-out-new-one-day-cheque-clearing/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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