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SummerOnTheWay1
August 20, 2024

💰 4 Retailers That No Longer Accept Checks (AARP Article)

  • August 20, 2024
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FROM THE ARTICLE - SEE ARTICLE FOR MORE!!!
 
4 Retailers That No Longer Accept Paper Checks.
 
And 10 that still do!
 
By Donna Fuscaldo, AARP. Published August 16, 2024.
 
In yet another sign the personal check is on its way out, Target recently announced it’s no longer accepting this form of payment, joining a growing list of retailers that have banned checks.  
 
Retailers like Target have their reasons for banishing checks. Usage is a big one: Checks represent only 3 percent of transactions, according to Bankrate data. Fraud is another: In recent years there’s been a resurgence of check fraud, with merchants a common target. And in an era when speed is of the essence, nobody wants to wait behind a shopper paying by check.
 

https://www.aarp.org/money/budgeting-saving/info-2024/retailers-that-do-not-accept-checks.html

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