Southwest Liquor Store
  • 410-646-4616 HAVE A LARGE CHECK?
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  • 3212 Washington Blvd NEED DIRECTIONS
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11 Nov, 2021

Banks Concerned Over Losing Key Income If Payment Trends Continue

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02 Jul, 2019

Tip of The Week: Watch Out For Digital Wallet And Convenience Apps

 Banks Concerned Over Losing Key Income If Payment Trends Continue
Southwest Liquors & Check Cashing November 11, 2021 Banking Alternatives, Featured

Banks Concerned Over Losing Key Income If Payment Trends Continue

Traditional Banks must win the battle of the "mobile wallet" to keep interchange revenue, which is a quarter of some institutions' non-interest income. However, On the other hand, they must also cater to consumers' growing interest in P2P payments, which…
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 Are We Becoming a “Cashless Society”?
Southwest Liquors & Check Cashing November 7, 2019 Banking Alternatives, Featured

Are We Becoming a “Cashless Society”?

Reprinted from Harvard Business Review written by Shelle Santana Is the U.S. becoming a cashless society? As digital payments spread from coastal coffee shops to rural restaurants, business owners, lawmakers, and consumers across America are asking themselves this question. And…
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 Are “Payday Loans” in Maryland Legal?
Southwest Liquors & Check Cashing October 1, 2019 Banking Alternatives, Featured, Frequently Asked Questions

Are “Payday Loans” in Maryland Legal?

The answer is No. Payday loans are not legal in Maryland. Maryland Law § 12-101 et seq. prohibits payday lending in all forms, including online loans. The maximum interest a small loan provider can charge is 2.75% per month or…
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 Is Providing Check-Cashing Considered a Banking Alternative?
Southwest Liquors & Check Cashing September 2, 2019 Banking Alternatives, Check Cashing, Featured, News

Is Providing Check-Cashing Considered a Banking Alternative?

A couple of months ago, Business Insider published an amazing article by Alex Morrell on check cashing that is well worth your time to read: An Ivy League professor who spent four months working in a South Bronx check-cashing store says…
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STORE HOURS

Mon-Thurs 9am-8am

Fridays 7am- 9pm

Saturday 9am-8pm

Closed – Sunday

Phone: 410-646-4616

 

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