Cashless society ?
Discussion
Superflow said:
Frimley111R said:
My hairdressers/barbers is the same. The owner cringes when i come in and say 'Have you got a card machine yet??' They say it's too expensive but not as expensive as not having customers who only have cards. She's mad but she knows she'll have to give in soon. Small/old school business mentality.
Cash in hand:That's why they don’t want a card machine.
The Chinese place though, no chance, I suspect (happy to be proven wrong) their business model is entirely based on cash and a set of books that could win the Booker prize for fiction, £8 for spare ribs, bones in some goop, costs maybe £1.50 to £2 to make, canned chicken in slop with a few bits of veg for £7/8, some boiled rice £2.50. She did say that the card charges were too high, so when you are selling at their kind of markup, you cant absorb the minimal charge that other places seem to do ? Never really hear of minimums now. Suspect that the cash being banked isnt a problem as all household stuff will be done with cash where possible, the kids they employ get paid cash in hand out of the till (one of mine worked there)
Typically the card charges are 1.5-2.0% on the likes of Izettle, etc. That's it. No other charge except the machine, a one off £40 to buy.
Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
Tyre Smoke said:
Typically the card charges are 1.5-2.0% on the likes of Izettle, etc. That's it. No other charge except the machine, a one off £40 to buy.
Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
And the benefit for the business with the likes of izettle is real time takings via the app. Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
alorotom said:
It’s total rubbish and fake news all this peddling that some people can’t get debit cards - anyone can. Revolut for example is a totally free, non credit checked, online / app managed service.
Don’t have access to the internet, no problem, there are shedloads of prepaid debit cards that you can top up at any number of pay points (the same as where you can pay your council tax, electric, gas, etc...)
It’s just excuses for not moving with the times.
But the pre-paid cards often charge high feesDon’t have access to the internet, no problem, there are shedloads of prepaid debit cards that you can top up at any number of pay points (the same as where you can pay your council tax, electric, gas, etc...)
It’s just excuses for not moving with the times.
ecsrobin said:
Tyre Smoke said:
Typically the card charges are 1.5-2.0% on the likes of Izettle, etc. That's it. No other charge except the machine, a one off £40 to buy.
Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
And the benefit for the business with the likes of izettle is real time takings via the app. Old school Worldpay machines are the same, but with a monthly rental of no more than £25.
There is no fiscal legal reason for a successful business not to take cards.
Cash is king in my world. The only problem is you can't spend cash online, but I can live with that.
technodup said:
have an iZettle machine. Fees can easily be £40-50 or more on a single transaction, which is a bit of a sore one for running a card through a machine, and ultimately gets charged back to the customer.
Cash is king in my world. The only problem is you can't spend cash online, but I can live with that.
Can you go somewhere to get a top up debit card and top it up with cash? Then use it for online buying?Cash is king in my world. The only problem is you can't spend cash online, but I can live with that.
bigdog3 said:
bloomen said:
Those prepaid cards can be seriously cranky. I had one and it was rejected in quite a few places.
Why bother with a prepaid debit card ?
bad company said:
bigdog3 said:
bloomen said:
Those prepaid cards can be seriously cranky. I had one and it was rejected in quite a few places.
Why bother with a prepaid debit card ?
Suspect the answer is that banks will not authorise their cards to those with poor credit records
rog007 said:
Been to places twice in the last 2 weeks we’re it was cash only...because their card system was down.
exactly-same with local Chinese takeaway for me no card machine so cash or no takeaway, cashless can be the way forward but still need cash as back up for times like thisbigdog3 said:
I should explain my original question. The full version is: Why bother with a prepaid debit card rather than a regular bank debit card (or indeed credit card) ?
Suspect the answer is that banks will not authorise their cards to those with poor credit records
A normal debit card doesn't need credit though? Suspect the answer is that banks will not authorise their cards to those with poor credit records
p1doc said:
rog007 said:
Been to places twice in the last 2 weeks we’re it was cash only...because their card system was down.
exactly-same with local Chinese takeaway for me no card machine so cash or no takeaway, cashless can be the way forward but still need cash as back up for times like thisp1doc said:
rog007 said:
Been to places twice in the last 2 weeks we’re it was cash only...because their card system was down.
exactly-same with local Chinese takeaway for me no card machine so cash or no takeaway, cashless can be the way forward but still need cash as back up for times like thisIn trouble with the missus now, she needed some cash for her PT session at the gym and I didnt leave the fifty quid I carry in my rucksack for emergencies.
PT needs to have a card machine, will prob take a bank transfer, but she doesnt do bank transfers to anyone else, doesn't have the little card reader so gets me to do it.
Like my mum and dad, both can use the internet but have never ordered anything so get me to do it, I dont mind but its so easy to do. So I order something, sometimes a fair amount and then get paid back in cash, her mum does the same so its easy to end up £300 down with a bile pile of notes you then invariably forget to use in favour of a card as otherwise I have to go to the bank to pay it in which is an hour out of my day to walk in, wait in the queue etc.
I think I am going to wean people off relying on me for transactions !
I am sure they think that because I work in IT its my kind of thing, not really, its just basic admin type stuff.
I saw someone on the DM on a similar thread advocating returning to paying everyone in cash like back in the fifties, I remember my dad coming home with cash, it worked up to the seventies and into the eighties but nowadays that would be a weird move. Comments like that do make you think about how the Brexit vote went for some, the world changes, you get left behind a bit and see a chance to perhaps go back to how things were, not after a debate of the whys and wherefores but I bet some voted based on that mindset.
It annoys me when people wilfully make a point of saying its all too complicated for them, like anything, we need to put some effort in to get the rewards, or even just to keep pace.
Cash is on the wane as that makes sense for most of the people most of the time.
PT needs to have a card machine, will prob take a bank transfer, but she doesnt do bank transfers to anyone else, doesn't have the little card reader so gets me to do it.
Like my mum and dad, both can use the internet but have never ordered anything so get me to do it, I dont mind but its so easy to do. So I order something, sometimes a fair amount and then get paid back in cash, her mum does the same so its easy to end up £300 down with a bile pile of notes you then invariably forget to use in favour of a card as otherwise I have to go to the bank to pay it in which is an hour out of my day to walk in, wait in the queue etc.
I think I am going to wean people off relying on me for transactions !
I am sure they think that because I work in IT its my kind of thing, not really, its just basic admin type stuff.
I saw someone on the DM on a similar thread advocating returning to paying everyone in cash like back in the fifties, I remember my dad coming home with cash, it worked up to the seventies and into the eighties but nowadays that would be a weird move. Comments like that do make you think about how the Brexit vote went for some, the world changes, you get left behind a bit and see a chance to perhaps go back to how things were, not after a debate of the whys and wherefores but I bet some voted based on that mindset.
It annoys me when people wilfully make a point of saying its all too complicated for them, like anything, we need to put some effort in to get the rewards, or even just to keep pace.
Cash is on the wane as that makes sense for most of the people most of the time.
bigdog3 said:
bad company said:
bigdog3 said:
bloomen said:
Those prepaid cards can be seriously cranky. I had one and it was rejected in quite a few places.
Why bother with a prepaid debit card ?
I use the Revolut for small purchases where I would previously have used cash.
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