Cheques won’t be phased out until viable alternative found

Cheques are to remain until another payment method is put in place by the Payments Council. Paper cheques will not be abolished until a new system is taken up by consumers. The Payments Council has stated that cheques will only be phased out once an alternative method of payment becomes "available, acceptable and widely adopted". Another 'paper-based' system may be introduced instead, to help groups, such as the elderly, who struggle with using electronic methods to make payments or haven't adopted using telephone and internet banking facilities yet.