30. The ministry added that while 40 per cent of mailed cheques remained in office as of Nov. 22, that number was reduced to 10 per cent — or two per cent of all payments — by month's end.
“The use of cheques has been declining, and is expected to continue to decline at a rate of between 10 to 20 per cent each year,” she said. The HKAB’s consultant will work with these sectors ...
SINGAPORE - Users of cheques will have two new electronic payment methods from mid-2025 as part of Singapore’s move to gradually phase out corporate cheques. The two methods will allow deferred ...