Digital Check scanners and teller equipment

What Will the End of the Check Look Like? We Discuss with

End of paper checks white paper coverEveryone knows that the number of checks written each year is falling – but how much longer will they last, and what will the eventual phaseout look like? Last year, Digital Check began investigating the decline of the check and published a set of white papers on these topics. The response we received was tremendous.

In April, we discussed our findings and follow-up with, including that:

  • The end of paper checks will be an organized phase-out by the banking industry, not a gradual decline to zero;
  • We expect this to happen when the number of checks written in the U.S. approaches 3 billion annually (we are currently at 18.6 billion)
  • The likely timeframe for such a phaseout to be announced is the mid-2020s, with an effective date in the late 2020s or early 2030s.

For Digital Check’s original white papers on the end of the check, follow the links below:

The Disappearing Check: How Much Longer Until The End?

The Disappearing Check Part 2: Assessing the Decline; and Part 3: Predicting the Endgame


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Digital Check Corp.
630 Dundee Rd. Suite 210
Northbrook, IL 60062