Target Says No More To Customers Writing Checks
Is there anything that you want to see less than somebody whipping out the old check book to write a check and pay for their goods? Well, good news, Target says no more to customers writing personal checks. We have to wonder what took them so long?
Being honest here, 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.
How many times would you be standing in line at a grocery store and waited for the person to hand write the check, which includes the date, who it is for, the amount and then make a note and sign the check. It would be nice if they had started writing it out before handing it over. They could have written Target, the date and sign it while waiting, but that rarely if ever happened.
There’s so many other ways of paying for things now and most of them include your phone. Whether it’s Apple Pay or Samsung or Venmo, the need for writing checks has become obsolete.
When was the last time you saw someone under 40 writing a check for anything? I have three daughters and I don’t think any of them have ever written a check, furthermore, I don’t think any of them even own a check book.
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 still places that do accept checks
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)