Electronic Cheques "A comparative study"

The electronic check occupies the forefront among modern electronic payment methods, due to the ease of use that electronic checks are characterized by, and the greater protection against fraud when compared to traditional checks, which has created a kind of economic feasibility for dealing with electronic checks that benefits both banks and customers at the same time. . An electronic check is part of a larger field of electronic banking, and part of a sub-group of transactions, referred to as an electronic funds transfer system (EFTS). The use of electronic checks allows us to support the expansion of electronic commerce and move to a safer world in conducting banking transactions. Dealing with electronic checks as one of the electronic means closely grants the authority to electronic writing and electronic signature, and the latter is the most prominent and important element that must be present in an electronic check for its authenticity. Add to the above; Dealing with electronic checks would encourage banking transactions mainly through the Internet. An electronic check does not differ from a paper check in use and purpose, as it replaces paper with an electronic record, in order to facilitate the process of issuing check deposits to the customer in a safer, faster, more flexible and more protective way for all customers.