3 Key Reasons to Pay for Technological Items With Checks

3 Key Reasons to Pay for Technological Items With Checks

When buying technology, either for home or business, it’s always a good idea to pay by personal check. Checks have become less popular with the advent of debit cards, but they remain a valuable tool that everyone should own. Let’s take a look at three key reasons why it’s a good idea to pay for technological items with physical checks.

1- Easier Returns

If the item doesn’t work, doesn’t fulfill your needs, or you decide that you simply don’t want it, you may be able to return it depending on the policy of the company from which you purchased it. If you lose the receipt, the process becomes more difficult, as it becomes harder to prove that the item was actually purchased from the store in question.

However, with a paper check, most stores will be able to look up the transaction in their records and prove that the item was purchased through them. As technology is often expensive, this can save you quite a bit of money and headaches.

2- Paper Trail

If you’re in charge of purchasing for a business, it’s always a good idea to pay for expensive items like this with a check. The accounting team will appreciate it, as credit or debit card transactions may reflect the name of the parent company from which you purchased the item instead of the name under which they do business.

With a physical check, the accounting team will easily be able to find and reconcile the transaction, especially in the case of returns. It’ll be much easier than sorting through bank statements and trying to research whether “R+L Holdings Limited” is the name of the company that owns the website or physical store where you bought those computer keyboards last month.

3- More Secure When Mailing

Although mail-in catalogs are less common for consumers, they are still an option. They’re also still very popular among businesses. Many business-to-business (B2B) companies send out catalogs of their products that contain both a website link and a payment envelope with an order form, allowing the buyer to choose how they’ll send in their orders.

It’s not recommended to send cash through the mail, as it can easily be stolen with no way for the sender to get it back. Sending credit card details through the mail is similarly a bad idea as bad actors can often make large purchases on a card even if they don’t have the CVV (the three numbers that make up the security code on the back). It’s far more difficult for a thief to make use of a check, making it the best choice.

Purchasing technological items with a paper check is always a good idea because it leaves a stronger paper trail than using a credit or debit or, especially, cash. Having a steady supply of checks around can be very valuable for you, your family, and your business even when not purchasing technological items. It’s smart for everyone to keep checks on hand because you never know when you will need one.