Payments 101, Part 7 – Checks

By |2021-04-06T22:15:00+00:00April 6th, 2021|ACH, Checks, Legal issues, Payments, Payments 101|

This is part of an ongoing series.  For previous installments, go here. Before we wrap up our tour, there is one more payment method we have to cover, which is the check.  The oldest non-cash payment method, it is also the only one that is on the decline, although its death is protracted and uncertain.  [...]

Payments 101, Part 4 – Debit Cards

By |2020-12-23T18:11:16+00:00December 23rd, 2020|Debit cards, Legal issues, Payments, Payments 101|

This is part of an ongoing series.  For earlier installments, see The Five Actor Model, Credit Cards, Part One, and Credit Cards, Part Two. In this article, we will dive into debit cards: what they are, how they work, the two different models, and legal issues. Here is the version of the Five-Actor Model I [...]

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