HUNTSVILLE, Ala. (WHNT) – Nobody really uses checks anymore. At least not like they used to.
Many people are doing at least a portion of their banking and bill paying online, reducing opportunities to whip out that check book. One opportunity that still exists? Paying back a friend or long-distance family member.
Some new apps may be changing that though.
These apps work a lot like PayPal – withdrawing money directly from your bank account to pay someone as directed.
There’s also a social element involved. For example, on Square Cash, if you make a payment to a friend for say, an early morning Starbucks run or girls’ weekened hotel bill, you can opt to have a status updated posted through social media.
There are some feeds involved depending on the service you use and how you pay, so make sure to read the fine print!