Fees for making banking transactions are changing as well in the new era of electronic funds transfers.  Bank-to-bank transfers under $10 are free through one new startup fee service, Dwolla.  Larger transactions are charged a flat fee of 0.25 cents, which is cheaper than an envelope and stamp.  Electronic payments allow businesses that once could only handle cash transactions,  such as vending machine operators and individuals selling services (manicurists, shoe shiners, typists), to accept payments using applications added to their Smartphone.  All of these procedures with allow us to be more familiar with on-line banking as PAPER CHECKS ARE TO GO AWAY BY 2016.  We will see won’t we!!