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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?

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…

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