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Target just became the latest US retailer to stop accepting payment by checks. Why have so many stores given up on them?

  • Written by: Jay L. Zagorsky, Associate Professor of Markets, Public Policy and Law, Boston University

Can you still use a check to make purchases? In increasing numbers of stores across the U.S., the answer is “no.” The large retailer Target stopped accepting checks on July 15, 2024. It follows decisions a decade earlier by supermarket chains Whole Foods and Aldi to no longer accept this form of payment.

Target said it was phasing out...

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