Rant...Stores using checks as instant debit instuments

The MG Experience ~ Off Topic Forum ~ Archives

General non-MG related discussions. No politics here please!!

If you would like to post a reply, please click below to visit the The MG Experience Forums:
Off Topic Forum: Rant...Stores using checks as instant debit instuments
http://www.mgexperience.net/phorum/read.php?47,1280426

Join the discussion, post your photos, or ask your own questions. Membership is FREE!




Nov 14, 2009 10:09:19
Eric

Good morning folks..
Just a quick rant..it irks me no end when you write a check and a store scans it and hands you a piece of paper to sign to allow instant deductions.

I'd use a debit card if I wanted that. If I know a store is going to do that, I'll use a credit card, and let them pay the fees. I can understand the business sense, but it still twists my tail. (and I let them know I object..politely of course, I'm from the midwest).

Thank for listening...

Eric in SD
74 bgt
79 Suz RE5 Rotary
79 Chrysler 26' puddle player

Nov 14, 2009 10:29:49
notcmartin

Why write a check in the first place? From what it seems the newer systems help speed up the process.





Nov 14, 2009 10:50:00
S. Duerr

Quote: "
Why write a check in the first place? From what it seems the newer systems help speed up the process."


That's why they do it, instant access to the cash--they don't have to wait for the check to clear and, if there isn't enough money in the account they'll not have to worry about bouncing the check and dealing with that.

Eric, it buggs me too. I haven't thought of using hte credit card and making them pay fees--good one. You should see them when they say, "We use electronic checks, is that OK?" and I respond, "No." They don't know what to say. They'll ask if I'm going to use something else and I say no--then they're perplexed and I tell them don't ask questions to which they won't like the answer. I wish there were some way to modify the little code on the bottom of the check so it can't be scanned. Once, my check wouldn't scan and the machine mangled it a little. I was asked to write a new check; I declined and told them I the checks cost me money, I'd written a valid check and it was their problem that the machine ate it. They siad they couldn't accept the check so I took it and started to walk out--then, all of a sudden, they could take it.

Nov 14, 2009 11:40:17
OldBloke

Quote: "
[quote=notcmartin]
Why write a check in the first place? From what it seems the newer systems help speed up the process."


That's why they do it, instant access to the cash--they don't have to wait for the check to clear and, if there isn't enough money in the account they'll not have to worry about bouncing the check and dealing with that.

Eric, it buggs me too. I haven't thought of using hte credit card and making them pay fees--good one. You should see them when they say, "We use electronic checks, is that OK?" and I respond, "No." They don't know what to say. They'll ask if I'm going to use something else and I say no--then they're perplexed and I tell them don't ask questions to which they won't like the answer. I wish there were some way to modify the little code on the bottom of the check so it can't be scanned. Once, my check wouldn't scan and the machine mangled it a little. I was asked to write a new check; I declined and told them I the checks cost me money, I'd written a valid check and it was their problem that the machine ate it. They siad they couldn't accept the check so I took it and started to walk out--then, all of a sudden, they could take it.[/quote]


Kinda reminds me of trying to pass american bills readily accepted anywhere in Mexico unless it has the slightest tear in it...!

Nov 14, 2009 12:10:10
davidsauer1

You have to look at it from the store's perspective, they need to guarantee they get their money. When I worked at a family owned grocery, it was surprising how many bad/fake checks were passed through our store. I bet half the time the people who were "stealing" carts full of food with a bad/fake check knew they could because we didn't do instant deduction. After a few hundred dollars were lost during a holiday season we stopped taking checks from strangers and only accepted from the people we knew by name.

-David

Nov 14, 2009 13:25:26
427ZA

Most retail outlets in the UK now don't accept cheques (checks) as a form of payment. It's either debit/credit cards or good old fashioned cash which is what I prefer....they can't clone your cash and empty your bank account.

Nov 14, 2009 14:33:59
S. Duerr

Quote: "
You have to look at it from the store's perspective, they need to guarantee they get their money. When I worked at a family owned grocery, it was surprising how many bad/fake checks were passed through our store. I bet half the time the people who were "stealing" carts full of food with a bad/fake check knew they could because we didn't do instant deduction. After a few hundred dollars were lost during a holiday season we stopped taking checks from strangers and only accepted from the people we knew by name.

-David"


I understand it from the store's perspective. As a patron who's never bounced a check, it is frustrating. This is one of those times when those who are on the up-and-up suffer because of the bad-apples. For me, it's more a matter of the pain it is to reconcile the checkbook because the electronic drafts are listed differently, not by check number, and it takes extra thought to figure it out.

427ZA, our account was hacked by someone totally unknown to us in a city 2k miles away. We got a call from the bank that we were over drawn--WTF!?!?! Went down and it was straightened out right away--we have a really good bank. We watch out account dilligently since then.

Nov 14, 2009 14:48:41
GlenP

Best get ready for it. Eventually, the paper check is going to go away completely. I'll be cash, debit, or credit card.

Glen

Nov 14, 2009 19:08:23
JackMG

Around here, some stores have been debiting checks as you describe without letting you know about it. We found out about that a few years back I forget how, just that some of our checks had been handled that way.

Nov 14, 2009 20:17:37
mg man 75

No it won't be credit car, cash or debit card. It will be scanning of finger print etc. And you telling them credit or you account. Or the scanning of the microchip they are using for pet id. That chip can hold a lot of info. Only thing holding it back is computer speed and accuracy problem.

Nov 15, 2009 05:58:30
comart45

Bennett Auto Parts Stores in Florida have been doing that since at least 1996. They'd always hand my check back after scanning it.

Nov 15, 2009 07:02:30
alex77

I'm surprised any business is NOT doing this.

http://en.wikipedia.org/wiki/Check_21_Act

Nov 15, 2009 07:54:52
mg man 75

A business would be a fool not to do it. Face it instant access to money. No waiting several days for check to clear and no bounced checks. And let us face it. You can get a judgement against another for bad check etc. Getting them to pay is another story. And them going to jail is not going to happen. Face they are letting bad criminal out everyday for lack of room.

Nov 15, 2009 08:08:45
GILMGA

The only checks I write are too family or church. Debit/credit or credit card or cash. Now im thinking about getting rid of the credit card because of all the crap they are pulling since gov. got into it to protect us.

Nov 15, 2009 09:01:36
Simon

I have come across stores that will accept checks and credit cards but not cash. I even know of one major chain store (starts with M ends with y) that would not accept a check verified by a Passport, but would accept the same check if verified by an overseas drivers license, both of which listed my Australian and US addresses.. Huh!!

Stores are getting picky, and when they do that I go elsewhere.

Nov 15, 2009 18:33:49
scottydawg

I only use a check anymore if I want to piss someone off or make a point.

Nov 15, 2009 19:37:17
JackMG

Write a check, the business pays no fee to cash/deposit it. Use ad debit or credit card and the recipient has to pay a percentage (About 4% I believe) to the card company. Yet their agreement with the credit card company does not allow the merchant to give the fee as a discount for cash.

Nov 15, 2009 22:08:58
S. Duerr

Quote: "
Write a check, the business pays no fee to cash/deposit it. Use ad debit or credit card and the recipient has to pay a percentage (About 4% I believe) to the card company. Yet their agreement with the credit card company does not allow the merchant to give the fee as a discount for cash."


Really, what about all the cash/credit price differences for gas? Oh, wait, they're not discounting the cash price, they're upping the credit price--that makes it ok! :)

Nov 16, 2009 07:50:32
The Wiz

Quote: "
Write a check, the business pays no fee to cash/deposit it. Use ad debit or credit card and the recipient has to pay a percentage (About 4% I believe) to the card company. Yet their agreement with the credit card company does not allow the merchant to give the fee as a discount for cash."


They do these days, they try to discourage it but nothing in most agreements prevents charging a fee. We do it on some transactions here, we do commercial mailing and if someone pays for the postage with a credit or debit card we add the cost of the processing fee otherwise that would be a direct loss to us.

Nov 16, 2009 08:44:24
Jim1971

Up here in the GWN cheques are almost a thing of the past. Seldom is a cheque used to buy off a retailer.
The last store I managed would have a bank deposit of $100,000. There would be around $300 in cheques the rest would be electronic transactions and cash. Most would be electronic.

Back before bank cards and charge cards, bad cheques were a major issue. They took up time to try and collect and often ended up as a loss. Do to our high sales volume we found that paying the charge card fees was the most profitable way to go.

While in the US I use my Bank of America, Visa check/ debit card for most transactions.

Nov 16, 2009 12:09:32
Scott

They don't scan cheques here. Never heard of it until this post. Then again we've had debit cards in Canada for at least 20 years.

This is an archived discussion from the The MG Experience Forums

If you would like to post a reply, please click below to visit the The MG Experience Forums:
Off Topic Forum: Rant...Stores using checks as instant debit instuments


Archive Index | The MG Experience Forums | Return to The MG Experience