Starbucks has mounted signs at its cash registers announcing that as of May 25, the chain will no longer accept personal checks or traveler’s checks. Et tu, latte?
Personal checks I understand. Who does accept them these days? But traveler’s checks have been dying an ignoble death in recent years. Whither Starbucks goes, so shall follow Citibank? Well, no. But Starbucks is a canary in the coal mine when it comes to consumer trends, and such an important chain’s refusal to honor what was once an upstanding form of secure payment is a sure sign that the old traveler’s check is ready to be covered with a handful of dirt.
Et tu, latte? Starbucks no longer accepts traveler’s checksPublished May 18, 2009 Uncategorized Leave a Comment