Target has decided to phase out the acceptance of personal checks as a payment method in its stores starting later this month, signaling a shift towards more modern forms of transactions.

While it's possible more major retailers will follow Target's lead on checks, it will take a lot for paper checks to go away completely, in the absence of a regulatory push, industry participants said ...

On July 15, 2024, Target stopped accepting paper checks, citing low volumes. There’s no disputing that; checks were used in just 3 percent of all transactions in 2023, according to the Federal ...

Starting July 15, Target will no longer accept personal checks as payment from customers, citing changing financial habits. Latest U.S.

Target will soon stop accepting checks at its stores, but will still accept several other forms of payment, including cash, credit and debit cards, and buy now, pay later options.

Despite no longer accepting checks as of the 15th, Target’s spokesperson touted the several forms of payment the retailer does currently accept, as well as a few that were added in recent years.

Target will end check acceptance at checkout on July 15, although it will still accept checks for bill payment. Target cites a report from the Federal Reserve showing a dramatic decline in check ...

Checks were a huge part of the U.S. economy only a few decades ago. The Federal Reserve, the U.S.’s central bank, processed 17 billion checks a year back in 2000, compared with 3 billion today ...

Like many Target employees, Kaitlin Sonday (@kaitlinsonday) often shares advice and anecdotes about working at the store on her TikTok account. She has 78,100 followers, 10.5 million cumulative ...

On July 15, 2024, Target stopped accepting paper checks, citing low volumes. There’s no disputing that; checks were used in just 3 percent of all transactions in 2023, according to the Federal ...