The Minneapolis retailer said it will stop accepting personal checks in stores later this month, with the payment method dwindling in popularity through the years as more people use credit and debi…
A shopper wheels a cart through the parking lot after making a purchase at the Target store, Feb. 27, 2023, in Salem, N.H. The Minneapolis retailer said it will stop accepting personal checks in stores later this month. Soon, shoppers will not be able to cut a check to pay for the contents of their Target shopping baskets.
“Target is committed to creating an easy and convenient checkout experience, and that includes providing our guests with numerous ways to pay, including our new Target Circle Cards ; cash; digital wallets; SNAP/EBT; buy now, pay later services; and credit and debit cards,” said Target company spokesman Brian Harper-Tibaldo in an email. “Due to extremely low volumes, we’ll no longer accept personal checks staring July 15.
The decline of check payments in the past decade only accelerated during the pandemic as more consumers began to widely use contactless virtual payments, including digital wallets and peer-to-peer apps like Zelle, Venmo and PayPal, said Elisa Tavilla, director of debit advisor services for payments and banking consultancy Javelin Strategy & Research.
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