Quote:
Originally Posted by FF
Since the USCG sends the renewal notice in plenty of time , the USPO can get the check to them for under a half a buck.
|
And in a few years you won't have that option as the cost of handling a check in total is about $10 versus a cost of handling electronic payments of about $1. As a business owner it costs us far more to handle checks than credit card payments. In business now, we process over 98% of all our payments electronically. Oh, and we do not pay any employees by check. I'm even old enough to remember when everyone had to run to the bank each pay day.