Why do some businesses take so long to deposit a check?
Because most of them now receive payment-transactions with debit or credit cards. Checks are no longer the norm with many businesses. Too many checks were rubbery. Cheaper for the vendor to pay a 2.5-3% card-service fee than to employ a person whose primary duty was to chase down bad-check funds - sometimes unsuccessfully. BTW - This thread sure took a tangent.....
Cheaper for the vendor to pay a 2.5-3% card-service fee than to employ a person whose primary duty was to chase down bad-check funds - sometimes unsuccessfully.
