Payment via bank transfer is also a contract, the dispute resolution is no different. I don't see how a promise note on a piece of paper somehow protects you better than an electronic transfer that is visible to you, the other party, the bank, and to authorities.
So for example, log20220804.txt
At the very least, use four digit years, not 22 for 2022.
> ISO 8601 was published on 06/05/88 and most recently amended on 12/01/04.
The format is yyyy-mm-dd.
It boggles my mind how checks are still so prevalent. When we have tools like Venmo, Zelle, ACH Transfers, Apple Pay etc.
The few times I've had to use a check (and a cashiers check at that) its been to sign a new lease on an apartment and it is one of the most nerve-racking days I have.
I would absolutely prefer to transact exclusively through digital transfers of any kind.
Someone living in San Francisco excitedly! told me just 1-3 years ago that they could now use some 'photograph your check' feature on their mobile - not 100% sure where the checks were used, but said person was not used to using checks where they came from.. sounds kinda widespread.
Not in my neighborhood. Only half of the self-checkout machines take cash and there is often a long line for the ones that take cash while some of the ones that only take cards sit unused.
I have had many experiences with ATM's and ATM networks being offline. Card processors being DDoS'd while I was trying to buy something at the store. Card terminals being hacked and "offline for maintenance". Card terminals offline but nobody knows why. Many of the card terminals here are dirty and won't read the chip. It is not my card, many people have these problems. I have to explain how to clean the readers to the clerks and their managers. When traveling cross-country this is not just an inconvenience, it is a road-trip stopper unless one has cash. Cash does not go offline.
3 days ago I had to help a friend that was stuck at the store with no cash and their card was not working. Their account was fine but the card system was offline for unknown reasons. I gave them cash and we were on our way. Now they know to keep cash on them.
Adding to this is the way ACH/wire transfers work gives me exactly zero confidence in the banking system. Sure, I might be able to eventually get my money back. Banks have the security of a high-school locker sitting in a dark alley as very little information about me is required to empty an account with zero interaction on my part. This information is leaked by online websites from every sector all the time. I just use banks as a small caching/broker system for online transactions and I watch my accounts like a hawk. If banks want to hold more money they need to entirely redesign that system and I know I am definitely not alone in this way of thinking and it isn't just people age 50+. Many in the hacker communities that work for banks are also aware of their vulnerabilities. I was part of that community when I worked for a bank.
By using a check and filling in the note properly you can create a legal requirement that a service or product be delivered on payment (which is different from asking for your money back from a bank or card company through their resolution procedure), if you need to go to court.
I'm sure there's a grandma out there using checks at the grocery store, but it's quite rare. And except for very small grocery purchases ($1-5) cash is pretty rare too.
Japan seems like the most culturally cash based (and China the least) place I've been. Europe and US are in the middle. South America may still be fairly cash based, but I haven't visited recently.