Outdoing the French

We Can’t Give Up Paper Checks, and That’s a Gold Mine for Scammers

The scammers have found a particularly American security hole: our reliance on paper checks. On average, there were some 30 checks per person written in the U.S. in 2021, nearly twice as many as the French, the world’s second-biggest check users, according to the Federal Reserve. In many European countries, electronic payment networks have completely replaced paper checks.

I am so old I personally know some people like this, people who consider financial transactions online unsafe. Or incomprehensibly modern, perhaps. And so they prefer to write checks. And receive checks. Which is the only reason I write checks myself. 

So, for the record, I am not (yet) like the rest of Europe.