The death of the personal check: As retailers move toward 'check zero,' here's what that means for you
Publishing timestamp: 2024-07-19 11:12:49
Summary
Target has stopped accepting personal checks, as the U.S. moves towards a "check zero" world. More retailers are likely to follow suit due to security concerns and the rise of contactless and digital payment methods. Older Americans are most likely to still write checks, but younger generations are moving towards mobile payment apps. Personal checks may still have a place for large one-off payments.
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Keywords: investment strategy, personal saving, business news, breaking news: investing, budgeting, personal debt, target corp, personal loans, personal finance, banks,