Sorry card only ...

[Jonnny]

I use my Samsung watch as a contactless payment, brilliant idea and so easy.. Yes it looks a bit silly right now, but give it a little longer and we'll all do it. I also think the contactless payment by phone (Samsung/Apple Pay) using fingerprint/pin number should be a higher amount than £30.

Cash can be annoying, old fashioned.. Much prefer card/contactless.. Tbh, even shops that don't have a contactless machine is annoying imo.

[limpsfield]

I love this post, NorthernBoy.

https://www.pistonheads.com/gassing/topic.asp?h=0&...

Which did you decide to "cut a cheque for" in the end?

[egomeister]

Disastrous said:

I'm amazed that people are afraid of this because of 'the government' or whatever.

Why do you think your cash has any intrinsic value? Unless you hoard gold bullion under your bed like some sort of troll, you are already completely at the mercy of the banks/government/exchange rates/inflation etc etc.

What am I missing? If they can 'switch off' your money in a cashless society, they surely already can?

Well clearly there is the potential for different levels of being screwed over from the full apocalyptic "GBP is no longer valid, here is the new GBP" to a cashless society where arbitrary haircuts could be applied to the digital banking system (where holding cash would keep your money out of reach of this). To be fair, even with cash a tax could be applied to withdrawals.

The only question is the risk/ease of each one occurring...

[AW111]

As someone who is crap at financial management, I like cash.
I (or my wife) will get cash out at the supermarket on the weekend, and that's my "walking around" money : basically coffee, lunch, snacks etc.

Fuel goes on the card.

[anonymous-user]

SantaBarbara said:

Roman Rhodes said:

The so-called "tight arsed students" seem to do it all the time. Looking at my daughter's bank statements there are plenty of transactions in and out for precise sums with references like "Emily drinks", "Charlie Pizza Express" etc.

Get with the future!

No thank you

OK! The world will move on either with or without you.

[red_slr]

It pains me to admit it but I have started to carry my debit card. I actually used it twice last month. Only because on one occasion I did not have enough cash and on second occasion they would not take cash.

[cuprabob]

Keep a little cash in my wallet for emergencies but use my credit card to buy everything. Convenient and I get a little cash back each month too.

[oyster]

alock said:

Six friends go out for a meal. You get the bill, roughly divide it by 6, round up to the nearest whole note and everyone just puts the cash on the table. Any change becomes the tip.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through 6 separate transactions on the machine the calculated amount.

One option is quick and easy. The other makes you look like a bunch of tight arsed students.

So when all you have on you is £20 notes and the split bill becomes £21, what do you do?

[anonymous-user]

oyster said:

alock said:

Six friends go out for a meal. You get the bill, roughly divide it by 6, round up to the nearest whole note and everyone just puts the cash on the table. Any change becomes the tip.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through 6 separate transactions on the machine the calculated amount.

One option is quick and easy. The other makes you look like a bunch of tight arsed students.

So when all you have on you is £20 notes and the split bill becomes £21, what do you do?

Reflect on how sad your lives have become that you are eating in a place where 6 meals only cost £21?

Or add a £99 tip?

[sunbeam alpine]

James_B said:

...I cut a cheque for £40m recently to settle a dispute over wording on a contract around negative rates.

Sorry, but I've read this sentence a few times. What does it mean?

Not taking the mick, genuinely curious.

ETA: I still like using cash.

[Cotty]

Roman Rhodes said:

Reflect on how sad your lives have become that you are eating in a place where 6 meals only cost £21?

Or add a £99 tip?

I read that as £21 each

[alock]

Roman Rhodes said:

oyster said:

alock said:

Six friends go out for a meal. You get the bill, roughly divide it by 6, round up to the nearest whole note and everyone just puts the cash on the table. Any change becomes the tip.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through 6 separate transactions on the machine the calculated amount.

One option is quick and easy. The other makes you look like a bunch of tight arsed students.

So when all you have on you is £20 notes and the split bill becomes £21, what do you do?

Reflect on how sad your lives have become that you are eating in a place where 6 meals only cost £21?

Or add a £99 tip?

Only the riff raff pay with coins. Assume you meant £21 each, so a total bill of £126?

As I said originally, round up to nearest note. £25 from everyone. Waitress gets £24 tip and goes home happy.

Entire bill taken care of in 10 seconds at most, unless you carry your purse in a manbag in which case it might take 30 seconds. There is no faffing about unlocking phones, launch an app, authenticating yourself, realizing you only have bank details for 3 of the group and trying to setup payments for the other. Evenings out like that sound like a riot

Technology is generally a good thing, but there are somethings it is still a long way behind the convenience of the old fashioned way. Don't get me started on the stupidity of someone even taking their bank card out of their pocket in some establishments

[shakotan]

Terminator X said:

shakotan said:

alock said:

Six friends go out for a meal. You get the bill, roughly divide it by 6, round up to the nearest whole note and everyone just puts the cash on the table. Any change becomes the tip.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through 6 separate transactions on the machine the calculated amount.

One option is quick and easy. The other makes you look like a bunch of tight arsed students.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through one single transaction on the machine the full amount on one person's card, whilst the five other friends do a quick online transfer for their agreed split..

WTF surely not serious and/or have actually done that yourself?!

TX.

No, it was a solution to the "ask the server to 6 separate transactions in a cashless society" scenario above, and would, in a cashless society, be no different than 6 people all pulling out their wallets and producing their share in physical money.

[shakotan]

SantaBarbara said:

shakotan said:

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through one single transaction on the machine the full amount on one person's card, whilst the five other friends do a quick online transfer for their agreed split..

You cannot be serious

In a cashless society, it is literally no different than 6 people all pulling out cash. Instead of their wallet, they pull out their phone. Online transfers can be completed in seconds.

[Disastrous]

alock said:

Only the riff raff pay with coins. Assume you meant £21 each, so a total bill of £126?

As I said originally, round up to nearest note. £25 from everyone. Waitress gets £24 tip and goes home happy.

Entire bill taken care of in 10 seconds at most, unless you carry your purse in a manbag in which case it might take 30 seconds. There is no faffing about unlocking phones, launch an app, authenticating yourself, realizing you only have bank details for 3 of the group and trying to setup payments for the other. Evenings out like that sound like a riot

Technology is generally a good thing, but there are somethings it is still a long way behind the convenience of the old fashioned way. Don't get me started on the stupidity of someone even taking their bank card out of their pocket in some establishments

£5 notes?? I can't even read the rest you dreadful gypsy. I cross the road if I see an ATM that announces it dispenses fivers.

[SantaBarbara]

alock said:

Only the riff raff pay with coins. Assume you meant £21 each, so a total bill of £126?

As I said originally, round up to nearest note. £25 from everyone. Waitress gets £24 tip and goes home happy.

Entire bill taken care of in 10 seconds at most, unless you carry your purse in a manbag in which case it might take 30 seconds. There is no faffing about unlocking phones, launch an app, authenticating yourself, realizing you only have bank details for 3 of the group and trying to setup payments for the other. Evenings out like that sound like a riot

Technology is generally a good thing, but there are somethings it is still a long way behind the convenience of the old fashioned way. Don't get me started on the stupidity of someone even taking their bank card out of their pocket in some establishments

When we went out for meals as a group of civil servants in Accounting we would usually take thirty minutes to divi up

[anonymous-user]

alock said:

Roman Rhodes said:

oyster said:

alock said:

Six friends go out for a meal. You get the bill, roughly divide it by 6, round up to the nearest whole note and everyone just puts the cash on the table. Any change becomes the tip.

Six friends go out for a meal. You get the bill, decide what total tip to add, split the bill between 6, call the waitress over and have her put through 6 separate transactions on the machine the calculated amount.

One option is quick and easy. The other makes you look like a bunch of tight arsed students.

So when all you have on you is £20 notes and the split bill becomes £21, what do you do?

Reflect on how sad your lives have become that you are eating in a place where 6 meals only cost £21?

Or add a £99 tip?

Only the riff raff pay with coins. Assume you meant £21 each, so a total bill of £126?

As I said originally, round up to nearest note. £25 from everyone. Waitress gets £24 tip and goes home happy.

Entire bill taken care of in 10 seconds at most, unless you carry your purse in a manbag in which case it might take 30 seconds. There is no faffing about unlocking phones, launch an app, authenticating yourself, realizing you only have bank details for 3 of the group and trying to setup payments for the other. Evenings out like that sound like a riot

Technology is generally a good thing, but there are somethings it is still a long way behind the convenience of the old fashioned way. Don't get me started on the stupidity of someone even taking their bank card out of their pocket in some establishments

How do you pay £25 with £20 notes?

If the total bill is £126 (not £21) then everyone needs to put in £40. £114 tip for the waiter/ess.

This, of course, assumes no-one is "tight arsed" enough to sit around waiting for change to be given (in which case your're then into splitting the change, note/coin denominations etc.).

Super convenient - think I'll watch TV next time chaps!

[okgo]

I have usually got a note in my card holder for emergencies etc, but apart from that I rarely use cash. What is the point.

I either want to earn points on my spend (amex), or at the very least see where I'm spending it (Monzo) each month.

[alock]

Roman Rhodes said:

How do you pay £25 with £20 notes?

I would never be in that situation. That's like asking someone who plans to use Apple Pay how they would pay the bill if they didn't have their phone.

In my wallet now I have 2x£5, 1x£10 and 8x£20 notes. This is typical and not an exception. Some people are over thinking this and trying to make their lives harder than they need to be.

I have't even mentioned the biggest advantage of cash. Waitress brings bill to table. I put the cash down and leave. I don't have to wait for her to return and process a payment.

[bad company]

alock said:

I have't even mentioned the biggest advantage of cash. Waitress brings bill to table. I put the cash down and leave. I don't have to wait for her to return and process a payment.

If she's hot you might WANT her to come back.