Sorry card only ...
Discussion
alock said:
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.
Most cash machines don't dispense fivers so I never have any. Coffee at work is 45p, I can either pay with a £20 and wait for change or tap my card and walk off. 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.
You could always ask for the bill and the card machine so she doesn't have to make two trips....
alock said:
Don't get me started on the stupidity of someone even taking their bank card out of their pocket in some establishments 
While I agree cash is often a lot easier on shared restaurant bills, it always amuses me that some people get hot under the collar about people using cards in pubs. A quick tap of a contactless card is usually quicker than handing the barman a note and him giving you change. Our work canteen takes contactless but I can't use it so pay cash, takes way longer for me to pay than my collegues.
The thing I wonder about in a cashless society is what happens if you're a small trader (like most of the shops in the town where I live), and the technology you rely on to be able to accept payment stops working for whatever reason? Do you just not do business until it's fixed? I assume this must happen in Scandinavia or other places that have gone cashless; how is it dealt with? Presumably you'd want some kind of old fashioned paper IOU system as back-up. But then you might not know the person giving you an IOU from Adam, so really you'd want the IOU to be backed by some kind of central authority.
Roger Irrelevant said:
The thing I wonder about in a cashless society is what happens if you're a small trader (like most of the shops in the town where I live), and the technology you rely on to be able to accept payment stops working for whatever reason? Do you just not do business until it's fixed? I assume this must happen in Scandinavia or other places that have gone cashless; how is it dealt with? Presumably you'd want some kind of old fashioned paper IOU system as back-up. But then you might not know the person giving you an IOU from Adam, so really you'd want the IOU to be backed by some kind of central authority.
Has any country gone cashless yet?I was in Denmark and Norway last summer and had no problems with cash or card.
t!alock said:
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.
Just saying it would never happen to me isn't much of a response!
SantaBarbara said:
What do they do when there is a Power Cut?
The barbers I use takes cash but if there was a power cut they wouldn't be able to use the clippers and probably wouldn't have enough light to see what they're doing as the chairs are all away from the window.bad company said:
We get 2-3 power cuts in an average year, what about Florida right now?
Presumably most people only have pretty small amounts of cash available to them at the point where the power goes down and the ATMs stop working so it's an interesting thought. I guessing a lot of business in areas that aren't trashed but don't have power aren't able to do much business at the moment.Edited by RizzoTheRat on Thursday 14th September 15:28
The example I was thinking of was more if the card machine is broken or the software goes squiffy, rather than a power cut. It may not happen often (though I can think of two instances where it has happened when I've tried to buy stuff recently), and if you're Tesco then you'll be able to use your clout to get the card company to fix it PDQ. But if you're a small trader then in a cashless society you've lost any means of taking payment until the card company gets round to dealing with you. If that happens on a weekend in the run up to Christmas you could be properly knackered.
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..
I didn't know whether to laugh or cry at this, for a start, I've done cash transfers via my phone, it's simple, but only if you know the payee's a/c # and sort code.Sure, the other diners will have this on their credit or debit cards, but it won't all be completed in seconds.
I use my debit card a lot now that I've quit working, but go to an ATM once every 7-10 days for a bit of walking around money.
A few years ago, when I was still driving a black cab, I always had cash on me, and I'd use cash or card, whatever I felt like.
Maybe once every couple of weeks, eight of us would go out to dinner, four couples, three black cab drivers, and one market trader, (street market, not money market).
When the bill came, it was normally around £425 including drinks etc., we'd add 12.5%, which would take it to around £475, divide that between the four guys, to just under £120 each.
Then we'd all four ante up £120 each cash, or sometimes three would pull up their £360, and one of us would take the cash, and put it all on a card, simple.
To further illustrate the friction between those who favour cards, and those who favour cash, I took cards in my taxi as soon as the facility became available, and every now and again, I'd be third or fourth on a rank outside an hotel, and the doorman would single me out, because a fare wanted to go to the airport and pay by card, and I had a CC sticker in my windshield.
When the "dinosaurs" ahead of me on the rank saw this, they would cry their eyes out, accusing me of 'ruining the trade' with my modern methods, when they wanted coin of the realm only, not a lot of sympathy from me though.
Frank7 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..
I didn't know whether to laugh or cry at this, for a start, I've done cash transfers via my phone, it's simple, but only if you know the payee's a/c # and sort code.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..
Really ? I really could not be bothered I don't have a amartphone for one thing and asking everyone for a sort code and account number when I can just leave a couple of bits of paper on the table.. I always have a few hundred quid on me it saves so much time - we were out the other night and I asked for the bill put my £70 on the table and then had to wait another 10/15 minutes for the waitress to bring over the card machine for my friend to payGassing Station | Finance | Top of Page | What's New | My Stuff