It’s the End of an Era: Target Will No Longer Accept Checks

If you’re under the age of 40, you won’t believe this:  But there was a time when personal checks were all the rage, before you could pay with your phone or watch.

But now, the world’s slowest method of payment is dying out.

Target has just announced that they will no longer accept personal checks, starting next Monday.  They say it shouldn’t upset too many grandmas, because they were taking in “extremely low volumes” of checks anyway.

They didn’t elaborate on the decision, but obviously, NO ONE likes seeing someone pull a checkbook out of their pocket, so that probably played a role.

There are plenty of places, like Walmart, that do still accept checks, but it’s probably only a matter of time before it’s phased out there too.  In a recent survey, about 1 in 5 people over 66 write several checks each month, but about half of people under 55 don’t write a single check the entire year.

 

(NBC News)