Cheque use has been declining rapidly over the last 10 years* with digital payment methods increasing as the faster payment alternative. The service partner that provided member chequing facilities to People’s Choice made the decision to withdraw this service in May 2024.
This decision aimed to modernise banking operations, enhance security measures, and simplify financial transactions for all.
*Source: https://www.rba.gov.au/publications/bulletin/2017/jun/7.html