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Vent: I just found out how many people still write paper checks
I saw a report from the Federal Reserve that said over 3 billion checks were processed in 2022. I thought everyone was using apps now. Has your bank mentioned anything about this?
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aaronf409d agoMost Upvoted
That 3 billion number is from the Fed's annual payments study, right? What really gets me is the average check amount they reported... it was something like $2,100. Makes you wonder what kinds of payments are still on paper.
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