As now, anyone paid by cheque will deposit it in their bank, to be sent on to various clearing houses, which route the cheque back to the issuer's bank for payment approval and thetransferof funds.
The US government is building a coalition of federal agencies to promote the use of efficient electronic paymenttransfer methods through The 20% Initiative, an initiative aimed at helping the U.S. us get 20% more bang for our buck.
This is not surprising, since more than half ofthe adult population is either working in the public sector or living on some form of social transferpayment.