Why is People’s Choice stopping cheques in 2024 when the Government isn’t doing so until 2030?
Cheque use has been declining rapidly over the last 10 years with digital payment methods increasing as the faster payment alternative. The service partner that provides member chequing facilities to People’s Choice has made the decision to withdraw this service in May 2024.
This decision aims to modernise banking operations, enhance security measures, and simplify financial transactions for all.