The Minneapolis-based discounter confirmed the move in a statement to The Associated Press on Tuesday, citing “extremely low volumes” of customers who still write checks. Target said it remained committed to creating an easy and convenient checkout experience with credit and debit cards, “buy now, pay later” services and the Target Circle membership program, which applies deals automatically at checkout.
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In the good old days your check (or deposit slip) has to have account info printed in magnetic ink so machine could read it.
Now banks accept deposits from photos of the check. Magnetic ink safe guard removed. So much easier to make and deposit fake check.
Recently received letter from St Louis County. For security they want to stop paying vendors by check. Prefer electronic transfer to credit card.
The days if printed checks could be ending.
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