Cheque or checks? – writing letters to the bank

Welcome Dear listener to Bitesize Payments where we talk about their history how they work and who does what. 

In this episode we are going back in time to 1659,  we are going to talk about a method of payments that goes back literally centuries, we still use them today and in some countries are really popular and more efficient than you might think.  

Yes, today we are going to discuss Cheques or Checks depending on where you are in the world.  

Cheques were there first payments instrument that were not money (fiat money that is, if you have been paying attention  ).  They were first used in 1659 in a London tavern and so starting the fintech revolution.  But we have been using them since then..

Today I am so please to be joined today by Dougie Belmore,  Head of Payments @ Pay.uk. 

It’s a bit like writing a letter to the bank….. so get your pens out were doing writing!!!! 

Buckle up here we go….

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