• szeis4cookie@lemmy.world
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    1 year ago

    I’m not sure that checks rate any better in security here, or in reliability. The check doesn’t have any mechanism within it to verify that there’s actually money to be moved, and doesn’t guarantee that the payment is yours irrevocably. It also doesn’t verify the actual intent to move money, or that the writer of the check is authorized to do so. I get that digital systems have vulnerabilities but let’s not pretend that this paper system doesn’t.