Sorry card only ...
Discussion
anonymous said:
[redacted]
I think the "legal tender" thing is a myth.As I understand it, a shop is not obliged to sell you anything, and they can shoo you out of the door if they wish.
The "legal tender" thing is valid only in the case of a debt. If you owed a business money, for instance a loan secured on property, and you offered them the appropriate amount of cash, they'd be obliged to take in settlement of the debt. But they couldn't refuse to take the cash and insist you pay them with something else, like art, property, or virgin daughters. If someone to whom you owe money refuses to accept payment in cash, I have a feeling that, legally speaking, the debt no longer exists.
Shops, however, could, by negotiation, accept anything they liked in payment or exchange for goods. It'd make the tax man's job of assesing your liability difficult when you declare that you were paid in chickens, or part worn tyres, but a sale of goods between two parties is simply a contract, and those party to it can decide for themselves how it will be defined as fulfilled. (Bear in mind though that I'm no expert and may have got that all wrong).
Plenty of "card payments only" signs up in supermarket self checkouts and at railway station ticket machines these days. Railway station car parks also have gone cashless in many places, as they can't be broken into and emptied of cash by junkies if there's no cash in them, and they no longer have to pay someone to empty them. The flip side is many places in the UK don't have a sufficiently reliable phone signal or internet access to run cashless businesses.
It's annoying either way. When you're limited to cash payments you'll not have cash on you and no access to an ATM. When it's card only you'll have just taken your last £100 out of an ATM as cash.
I prefer cash. I take out a single withdrawal of my entire budget for a day out, and I can see at a glance how much of that budget remains half way through the day so i don't overspend on junk I don't actually need. Whereas you can easily forget using the card, especially if alcohol is involved, and get back from a gig or suchlike, and find you've spent way more than you planned. I can see how it's easier for a business to no longer have to handle cash though.
SHutchinson said:
There's a small coffee barrow near The Angel tube station that is card only, it's ace, providing you don't leave your wallet on your desk!
I did something similar in a shop recently, except I paid using Android pay and left my phone on the counter.Not only that, but I drove 5 miles home cursing the car because it failed connect via bluetooth to my phone!
NOT MANY PEOPLE SEEM TO KNOW THIS.
Some think a cashless society would be easy and wonderful
They might not realise, but that would then make negative interest rates possible.
If you were charged say minus2% on the money in your bank account, you would probably withdraw cash and keep it 'under the bed'.
Without cash, you would not be able do that, and would just have to pay the 2%.
Discuss.
ClaphamGT3 said:
Apart from online shopping and situations where cash would be vulgar, I only ever use cash day to day
I've not encountered cash being vulgar issue, but otherwise I'm much the same.I've probably only used a card in person half a dozen times this year as I've had a couple of big bills for the car where I couldn't get the physical cash together quick enough or places that are predominantly B2B and don't tend to deal with cash at all.
For me the convenience of card transactions are far outweighed by the downsides of a cashless society.
The only cash I have touched this month is the £30 one of my dads guests gave us for my son as a present.
I will use either my actual credit card or my credit card via apple pay / apple wallet. I cannot see a scenario where I would be forced to use cash and if I did encounter a shop just accepting cash I would move on.
I will use either my actual credit card or my credit card via apple pay / apple wallet. I cannot see a scenario where I would be forced to use cash and if I did encounter a shop just accepting cash I would move on.
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