-=> Nightfox wrote to Ed Vance <=-
Ni> Re: Now online with my C64
Ni> By: Ed Vance to MRO on Thu Mar 13 2025 11:21 am
EV> Re Debit Card:
EV> It has probably been very 15years ago I read about Debit Card vs writing
EV> checks.
EV> What I recall reading was about Debit Card theft, saying my checking
EV> account could be emptied by another person .
Ni> Although a check doesn't go through electronically, a check has your
Ni> routing number and bank account number on it. Someone could
Ni> potentially note those down and try to steal money that way too if they
Ni> wanted to.
I think the bigger issue is losing the checkbook.
I was intrigued when I saw at a Wallgreen's pharmacy, that by writing
and signing a check that you were authorizing an ACH debit in the amount
on the check. They would not cash the check and instead would destroy
it.
I wondered why they would do that - it's probably safer and therefore
cheaper to do ACH than to clear a handwritten check.
I've bought and sold a couple of cars. We need a better way than paper
checks to buy and sell items. I did do a bank wire for one car, we were
on the same bank...
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