Electronic check

The new electronic check system can save the traditional method of payment before the prospect of being wiped out.

A team of British experts has just released a new invention, which is electronic check, which allows to take advantage of paper check payment methods, but shortens transaction processing time and eliminates check transfer costs. go to the bank.

The high-tech checkbook has the appearance as well as traditional check varieties. But to write or sign on a sheet, one needs to have a special electronic pen with the ability to record any character written on the surface of the check containing millions of small points.

Electronic check system is said to have high anti-fraud ability

Then, the pen will transfer details of the transaction made to the bank via a wireless connection.

Because checks and electronic pens only operate through network centers registered by users themselves, they are completely useless if they fall into the wrong hands, according to experts.

According to the Daily Mail , the electronic check transaction system is a research work of experts from York University, Newcastle and Northumbria (UK).