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Don't ditch the chequebook, says Which?

Consumer group Which? has said changes in spending methods over the past few years have not yet made the chequebook redundant

A spokesperson for Which? said: "We carried out some consumer research ourselves earlier this year and we found that 72 per cent of people said they used cheques less than they did five years ago."

Despite this, she said, most people still recognised that the payment method was useful in a number of instances, such as small transactions between people, where "adequate alternatives" did not yet exist.

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She also noted there were instances when people would have to deal with doorstep service providers such as plumbers, where cash payments would be impossible as such money would not be present in the house in sufficient quantity.

Figures from the UK payments association Apacs found that in 2006 the UK experienced a drop of eight per cent in the number of cheques used to 1.8 billion, the largest fall in a single year ever recorded.

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Date: 4th, December, 2007

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