September 18th, 2014
Newspapers and the Decline in the Use of Traveller’s Cheques
I’m thinking about two very different products each apparently well on the road to oblivion. Here’s a graph (roughly) illustrating the decline in the use of traveller’s cheques (aka “travelers checks” and several other spellings). There was tremendous growth through the mid-1990s. The drop-off is severe. Wikipedia details that “travelers cheques are no longer widely accepted…