Economy

Target will stop accepting personal checks

Target will soon stop accepting personal checks as a form of payment at checkout.

In a statement to NBC News, the retail giant said it was committed to creating an easy and convenient checkout experience — but that due to ‘extremely low volumes,’ it would no longer take personal checks starting July 15.

It said it has taken several measures to notify guests in advance of the move. It will still accept cash, digital wallet payments like Apple Pay, SNAP/EBT, buy now, pay later services, and credit and debit cards

Rival Walmart will still accept personal checks.

Target has announced several new store policies aimed at streamlining the checkout process, some of which were also aimed at curbing theft. In March, the company said it would be taking steps to limit or eliminate self-checkout options at some stores this year. Last month, Bloomberg News reported Target was allowing employees to stop thefts of $50 or more — lower than the previous $100 threshold.

This post appeared first on NBC NEWS

You May Also Like

Stock

In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

Stock

Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn’t necessarily mean that everything is...

Latest News

Britain’s Prince and Princess of Wales have released a new photo of Prince Louis to mark his sixth birthday on Tuesday, the first image...

Latest News

President Joe Biden travels to Triangle, Virginia, Monday to mark Earth Day, where he’ll unveil $7 billion in grant funding for solar power under...

Disclaimer: Dealwithbiz.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Dealwithbiz.com