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Why do stores still take checks

Old 06-11-2014, 09:14 AM
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Old 06-11-2014, 09:21 AM
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That's what you get for shopping in Walmart.
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Old 06-11-2014, 09:26 AM
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If the store has the right software, you don't even have to fill out a check. They just swipe the info off the bottom line, and you sign electronically. And whether the check is filled out, or not, they hand it back to you after the transaction, because the money is already debited from your account.
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Old 06-11-2014, 09:30 AM
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Originally Posted by WPBTH View Post
I just assume people who were writing checks, were "floating funds" until pay day.
Not any more they're not. I understand your point -- it used to work that way -- write a check and it would take 2-3 days to clear the bank. These days, when you write a check, it's scanned instantly and transacted to your account just like a debit card transaction. It's likely you'll see it hit your account in the time it takes you to get home from the store. Obviously, some of this depends on the store and your bank, but the vast majority these days work as I described. No more float.

The more you know....
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Old 06-11-2014, 09:31 AM
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People will bitch about anything these days.
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Old 06-11-2014, 09:37 AM
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Originally Posted by Just1more View Post
People will bitch about anything these days.
My thought exactly. Some people are so impatient these days they can't cut anybody some slack.
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Old 06-11-2014, 09:40 AM
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Originally Posted by ryan darrow View Post
Just curious, you ever ask her why?
That's the way she's done it for 30years and is just comfortable doing it that way. Who am I to argue?

I've tried to get her to do online banking and bill paying, but she works on a computer all day and doesn't want to sit behind one at home. She'll sit down with a pile of bills in the morning and write checks out.
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Old 06-11-2014, 09:41 AM
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If I have someone trying to give me money I don't care which form its in if I own the place. With all the credit card fraud I bet CC cost stores more then returned checks.
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Old 06-11-2014, 09:41 AM
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For those who have their panties wadded because people use checks, how do you feel about cash? Is that obsolete too?
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Old 06-11-2014, 09:43 AM
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Originally Posted by Dulcecita Lures View Post
Not any more they're not. I understand your point -- it used to work that way -- write a check and it would take 2-3 days to clear the bank. These days, when you write a check, it's scanned instantly and transacted to your account just like a debit card transaction. It's likely you'll see it hit your account in the time it takes you to get home from the store. Obviously, some of this depends on the store and your bank, but the vast majority these days work as I described. No more float.

The more you know....
Last I knew ACH didn't provide funds verification and they still took nearly 3 days to clear. Is there a way to bypass ACH?
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Old 06-11-2014, 09:52 AM
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I don't know the exact details, but yes. The scanned image of the check is treated as a debit. If you look at your account online when you get home, you'll see it posted as "pending" just like a debit. All transactions for your account are processed that night, credits first, debits second. The only way you get any float is if you write a check on Saturday -- it won't process until Monday night (banking hours).

Again, I'm talking most major retailers and major banks here. Small mom and pops or credit unions and such, still need check to be deposited in the bank and cleared via ACH (for the most part).

Bottom line is everybody wants there money NOW.
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Old 06-11-2014, 10:05 AM
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Originally Posted by WPBTH View Post
I just assume people who were writing checks, were "floating funds" until pay day.
Hence the nickname fucht.bomb
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Old 06-11-2014, 10:07 AM
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This sounds like fun!
Seems to me the best time to write one is at the convenience store just before the cut off time for buying booze. You know, when there are three or more guys loaded up with beer & frozen pizza waiting in line.
I'm gonna ask the wife if we have any checks...
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Old 06-11-2014, 10:38 AM
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Cash and credit cards. Checks for bills. I also stay out of Walmart...
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Old 06-11-2014, 10:48 AM
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Originally Posted by Blythe1022 View Post
Even worse than getting behind somebody paying by check is the lady that pulls out an envelope of assorted coupons. Of course they are not pre sorted. Half are no longer valid. It drives me crazy. So does when people bring more items to the checkout than they can afford. Then they start having the person at the register price check everything and deleting one item at a time.
Heck, I could live with that! As long as it's ONE transaction....I hate people who do the coupon thing for the food stamp card, then their WIC card AND THEN their cash items. But wait, "you have to price match this item.......your competitor has it for XXX"


And it always seems I've picked the slowest cashier on duty-no matter what store I'm in.....
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Old 06-11-2014, 10:53 AM
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Originally Posted by snapperkid View Post
Cash and credit cards. Checks for bills. I also stay out of Walmart...
I write 3 checks a month. The rest of the time it's AMEX. Only use my debit card for cash at the ATM.

If I'm behind someone who wants to take their precious time writing a check, so be it... Life is too short to get worked up about that.

I have however been known to give some self check out "assistance" at Kroger - lady using self check out with a buggy FULL of groceries, she also happened to be too busy yapping on her phone to scan and bag more than about 2 items a minute. I handed the shopping basket to my gf (who was looking for a rock to crawl under as she knew what was coming) and went up to the lady, smiled, and said "you've got your hands full let me help you with this"... She didn't know what to do at first but then continued yapping about getting her hur did until I was finished scanning and bagging her groceries. Paid and left.
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Old 06-11-2014, 10:59 AM
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Originally Posted by WPBTH View Post
I just assume people who were writing checks, were "floating funds" until pay day.
X2. I thought the same.
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Old 06-11-2014, 11:09 AM
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Originally Posted by jeffnick View Post
It's called the self checkout lane. I love them.
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Old 06-11-2014, 11:27 AM
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Originally Posted by porksoda View Post
It's called the self checkout lane. I love them.
Exactly! I probably use a teller 1 out of 10 times and I swipe a card or pay cash and I'm gone.

So how long does it really take for an old lady to write a check? Less than a minute? 2 minutes? Where I live, it's all mom and pop except a Dollar General. Pretty much anytime I go into DG, there's one teller and I'm 6th in line. I met people, tell stories, talk with total strangers, etc. Even in the most frustratingly slow line, I doubt it takes 10 minutes total.

I think someone needs to take a chill pill.
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Old 06-11-2014, 11:36 AM
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I agree with the process fee explanation, more profit for the store.

FYI: I am 44 years old and have never in my life written a check. True story.
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