Target to Stop Accepting Personal Checks Starting July 15

Date:

Leave your checkbook at home when you head to Target. Starting July 15, the retailer will no longer accept personal checks for payments.

“Due to extremely low volumes, we’ll no longer accept personal checks starting July 15,” Target announced in a statement. “We have taken several measures to notify guests in advance to aid an easy and efficient checkout experience.”

The acceptance of personal checks will continue through Target Circle Week, running from July 7-13, as reported by Minneapolis TV station KARE. Target’s headquarters are in Minneapolis.

Payment Options at Target

Target offers several payment options to ensure a convenient checkout experience. According to the company’s statement, customers can pay using:

– Target Circle Cards (formerly Target RedCard)

– Cash

– Digital wallets

– SNAP/EBT

– Buy now, pay later services

– Credit and debit cards

Customers can still send personal checks by mail for Target Circle Card payments.

The use of personal checks has significantly declined in recent years. According to Federal Reserve Financial Services, consumer use of personal checks dropped to just 3% of payments in 2023, down from 4% in 2021 and 2022, and 7% in 2020.

Other major retailers, including Aldi and Whole Foods Markets, also do not accept personal checks.

RECOMMENDED

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Dangote Refinery to Begin Fuel Exports Across Africa Amid Local Import Controversies

The Dangote Refinery and Petrochemical plant is preparing to...

Delta State Proposes N936B Budget for 2025, Prioritizing Infrastructure, Education, Economic Growth

The Delta State Government has approved the transmission of...

Surging Inflation, Reduced Consumer Purchasing Power Drive 357% Spike in Unsold Inventory for Nigerian Manufacturers

The inventory of unsold finished goods in Nigeria’s manufacturing...

MAN Warns of Manufacturing Sector Crisis Amid Naira Depreciation

16 Major Firms Lose N792 Billion Due to...

NNPCL Confirms Stake in Dangote Refinery, Refutes Claims of Sabotage

  The Nigerian National Petroleum Company Limited (NNPCL) has proudly...