DLLR » Topics » Our check cashing services may become obsolete because of technological advances.

These excerpts taken from the DLLR 10-K filed Aug 29, 2008.
Our check cashing services may become obsolete because of technological advances.
 
We derive a significant component of our revenues from fees associated with cashing payroll, government and personal checks. Recently, there has been increasing penetration of electronic banking services into the check cashing and money transfer industry, including direct deposit of payroll checks and electronic transfer of government benefits. To the extent that checks received by our customer base are replaced with such electronic transfers, demand for our check cashing services could decrease.
 
Our
check cashing services may become obsolete because of
technological advances.



 



We derive a significant component of our revenues from fees
associated with cashing payroll, government and personal checks.
Recently, there has been increasing penetration of electronic
banking services into the check cashing and money transfer
industry, including direct deposit of payroll checks and
electronic transfer of government benefits. To the extent that
checks received by our customer base are replaced with such
electronic transfers, demand for our check cashing services
could decrease.


 




This excerpt taken from the DLLR 10-K filed Sep 18, 2007.
Our check cashing services may become obsolete because of technological advances.
 
We derive a significant component of our revenues from fees associated with cashing payroll, government and personal checks. Recently, there has been increasing penetration of electronic banking services into the


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check cashing and money transfer industry, including direct deposit of payroll checks and electronic transfer of government benefits. To the extent that checks received by our customer base are replaced with such electronic transfers, demand for our check cashing services could decrease.
 
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