Debate: old school check signing vs. mobile deposit for business payments

I used to send paper checks for all my vendor payments. Had to sign each one, stuff envelopes, buy stamps. Took forever. Now I use mobile deposit for incoming checks and ACH for outgoing. The change happened about 3 years ago when my bank started charging me 50 cents per paper check. Which side are you on for $500+ payments? Do you trust the digital trail or still want that paper copy?

2 comments

2 Comments

tyler8545d ago

Used to be all about paper checks myself, thought digital stuff was too risky. But then I had a vendor lose a check in the mail and it took weeks to sort out, totally changed my mind on the whole thing. Now I'm way more comfortable with ACH for anything over 500 since you can actually track it and get confirmation.

mark4365d ago

Honestly, I still mail checks sometimes but then lose them in my own car for a week.