Will cheques disappear completely?
The banking industry is not forecasting the demise of the cheque in all areas over the next decade but on the high street many larger retailers have already stopped accepting cheques. Cheques still remain popular for person-to-person payments and person to small business payments, and for people paying credit card or utility bills. However, the longer-term future is certainly one of further decline and over time they will probably disappear, as they have already done in some other European countries.