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Reports of the demise of cash premature?
Apologies if I’m duplicating a recent thread here (think I might be).
Anyway, there’s plenty of chippys up here and one of them has always been cash only payments ever since I moved up here four and a half years ago. However driving into Treorchy just now, I saw two more with cash only signs being shown - both of them have accepted cards payments in the past I believe.
Seems that the cost of living crisis is enabling cash to make a comeback - maybe something good could come out of this mess.
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Re: Reports of the demise of cash premature?
i'd guess with the price of oil then some will look at how they keep their costs down but isn't this evened out by the number of places that have gone practically card only because of the pandemic?
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Re: Reports of the demise of cash premature?
You do realise why they only take cash yes? It’s to fiddle the books and pay less tax.
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Re: Reports of the demise of cash premature?
Said it before and I’ll say it again “Cash is King”
People are starting to realise, it’s too easy spending your money with a card.
If you go out with £40, you can only spend £40
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Canton Kev
You do realise why they only take cash yes? It’s to fiddle the books and pay less tax.
Fat cats do it by transferring their funds offshore, so what’s wrong with a couple of quid under the bed
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
the other bob wilson
Apologies if I’m duplicating a recent thread here (think I might be).
Anyway, there’s plenty of chippys up here and one of them has always been cash only payments ever since I moved up here four and a half years ago. However driving into Treorchy just now, I saw two more with cash only signs being shown - both of them have accepted cards payments in the past I believe.
Seems that the cost of living crisis is enabling cash to make a comeback - maybe something good could come out of this mess.
You'd have to travel a long way to find a Chinese takeaway which accepts card payments and I've never found too many chippys who do either. Maybe those who have aspirations to be small restaurants.
The fact is that for smaller businesses the merchant charges have always been excessive and for the most part of course it's Joe Public who pays for them. Chippys and takeaway businesses have often felt they are able to get away without card payments because punters will find the cash when desperate for a bite to eat. Other types of business are not able to follow suit.
Like you said good news all round.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Canton Kev
You do realise why they only take cash yes? It’s to fiddle the books and pay less tax.
Aye, there’s no skullduggery, fraud or deceit with credit and debit cards :facepalm:
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Re: Reports of the demise of cash premature?
How long until they put Charles’s mug on it
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Dorcus
You'd have to travel a long way to find a Chinese takeaway which accepts card payments and I've never found too many chippys who do either. Maybe those who have aspirations to be small restaurants.
The fact is that for smaller businesses the merchant charges have always been excessive and for the most part of course it's Joe Public who pays for them. Chippys and takeaway businesses have often felt they are able to get away without card payments because punters will find the cash when desperate for a bite to eat. Other types of business are not able to follow suit.
Like you said good news all round.
most of the chinese restaurants near me will take card, and the chippies.
no excuse not to these days
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
William Treseder’s Mam
How long until they put Charles’s mug on it
never with any luck
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Re: Reports of the demise of cash premature?
That's interesting Bob. I'm very pro-cash. I think it's critical for many reasons that we have a balanced economy in this respect, and I try to use both cash and cards and would encourage people to do the same.
My big issue is places that refuse to accept cash. Really I think people should take both, but I don't mind places only taking cash really.
Why on earth would people want a cashless society? There's benefits to both, why would anyone want an option to be removed?
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Re: Reports of the demise of cash premature?
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Originally Posted by
JamesWales
That's interesting Bob. I'm very pro-cash. I think it's critical for many reasons that we have a balanced economy in this respect, and I try to use both cash and cards and would encourage people to do the same.
My big issue is places that refuse to accept cash. Really I think people should take both, but I don't mind places only taking cash really.
Why on earth would people want a cashless society? There's benefits to both, why would anyone want an option to be removed?
Will you immediately stop posting sense it just doesn’t become you:hehe:
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Re: Reports of the demise of cash premature?
Cash only in the US is often an attempt to tax dodge.
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Re: Reports of the demise of cash premature?
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Originally Posted by
splott parker
Will you immediately stop posting sense it just doesn’t become you:hehe:
Welcome to the rest of your life mate ;)
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Dorcus
You'd have to travel a long way to find a Chinese takeaway which accepts card payments…,
Unless you live in North Cardiff, in which case you don’t have to travel very far at all as they all take card payments.
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Re: Reports of the demise of cash premature?
a surprising number of restaurants in Germany are cash only
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
The Lone Gunman
Unless you live in North Cardiff, in which case you don’t have to travel very far at all as they all take card payments.
The one on Heol Llanishen Fach doesn't mind.
F**K DA SYSTEM
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
JamesWales
The one on Heol Llanishen Fach doesn't mind.
Are you sure? It did during Covid. That said, I very rarely use it as it’s erratic to say the least.
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Re: Reports of the demise of cash premature?
I avoid shops , chippys , takeaways that are cash only.
Small amounts I may use cash otherwise only card.
Pubs i use both. Mostly card since covid though as virtually all pubs now taking card.
Find it bonkers in Tesco at self service the people waiting for a cash till.
Dont get the cash obsession.
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Re: Reports of the demise of cash premature?
During the Subprime Crisis in USA money including cash got it through albeit dodgy cash..
https://www.theguardian.com/global/2...n-cfief-claims
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Re: Reports of the demise of cash premature?
Fast food places that use Just Eat get stung so much with their charges that many will try to encourage the use of cash in store as much as possible.
Not using Just Eat puts them at a disadvantage as many of their competitors do, so they're stuck between the devil and deep blue sea.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
JamesWales
Welcome to the rest of your life mate ;)
Nah, I usually ignore you:hehe:
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Hilts
I avoid shops , chippys , takeaways that are cash only.
Small amounts I may use cash otherwise only card.
Pubs i use both. Mostly card since covid though as virtually all pubs now taking card.
Find it bonkers in Tesco at self service the people waiting for a cash till.
Dont get the cash obsession.
I find it bonkers that people use the self service tills and bonkers that store workers encourage people to use them. Disgusting that lines of checkouts are empty they should be full of till operators, we need people in work earning a living not a beep beep machine.
Many of us remember actually being served at the counter by shop assistants who actually got your goods for you. The way it’s going it won’t be long before the customer is bringing the goods out of the stockrooms on pallet trucks and stacking the shelves themselves.
Scrap the self serve tills, employ more human beings to work the check outs. All this beep beep, pay by card nonsense is turning people into thickoes. Bar staff who can’t add up or subtract is widespread now, ridiculous.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Canton Kev
You do realise why they only take cash yes? It’s to fiddle the books and pay less tax.
There is a protest movement against (programmable) Central Bank Digital Currencies, so it could be something to do with that?
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Re: Reports of the demise of cash premature?
I prefer card apart from in the pub but Covid put paid to that.
I still find it a bit strange buying beer "on credit" though!
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Re: Reports of the demise of cash premature?
Long live The Royal Mint :wales:
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Re: Reports of the demise of cash premature?
Some places (like pubs and small shops) prefer cards because it reduces the opportunity for staff fraud, and it also reduces their bank charges (banking cash regularly is an expensive business in itself). The opposite view is that some places don't want to pay the charges on a card reader, and also like to 'stash the cash'.
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Re: Reports of the demise of cash premature?
Had a bit of a blast from the past on the weekend. Had to pick up a bet from Paddy power Friday night, so thought I'd pay for my beers in cash. Picked my jeans up on Saturday morning and had about £40 in coins drop all over the floor.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
BLUETIT
Said it before and I’ll say it again “Cash is King”
People are starting to realise, it’s too easy spending your money with a card.
If you go out with £40, you can only spend £40
There’s a place for it but as a member of the real world I promise you cash is definitely not king anymore
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
delmbox
There’s a place for it but as a member of the real world I promise you cash is definitely not king anymore
Just keep in mind the next generation digital cash in your real world will be programmable, just like it is in China :biggrin:
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
delmbox
There’s a place for it but as a member of the real world I promise you cash is definitely not king anymore
In my world it is, very rarely pay anything by card, in fact I think it’s only if I buy a pint at the football where there’s no choice. Last time I checked I’m still a member of the real world.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
splott parker
In my world it is, very rarely pay anything by card, in fact I think it’s only if I buy a pint at the football where there’s no choice. Last time I checked I’m still a member of the real world.
Fair enough but you never buy a pint at the football :hehe:
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
delmbox
Fair enough but you never buy a pint at the football :hehe:
Quite correct, Mike O’Leary f*cks off with my debit card as soon as the clock hits 43 minutes:furious:
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
The Bloop
Fast food places that use Just Eat get stung so much with their charges that many will try to encourage the use of cash in store as much as possible.
Not using Just Eat puts them at a disadvantage as many of their competitors do, so they're stuck between the devil and deep blue sea.
Now there is something I really don't understand, why people use Just Eat.
Go direct to a place that delivers for half the price! :shrug:
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Re: Reports of the demise of cash premature?
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Originally Posted by
MacAdder
Now there is something I really don't understand, why people use Just Eat.
Go direct to a place that delivers for half the price! :shrug:
Was in the Rumney Balti on New Road a few years back and the servers were thanking people for going to the shop and buying direct.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
The Lone Gunman
Unless you live in North Cardiff, in which case you don’t have to travel very far at all as they all take card payments.
Obviously this lot I'm stuck with in Caerphilly are still living in the Dark Ages.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
splott parker
Was in the Rumney Balti on New Road a few years back and the servers were thanking people for going to the shop and buying direct.
Hopefully theyve got their own app now.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
MacAdder
Now there is something I really don't understand, why people use Just Eat.
Go direct to a place that delivers for half the price! :shrug:
100%.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
splott parker
I find it bonkers that people use the self service tills and bonkers that store workers encourage people to use them. Disgusting that lines of checkouts are empty they should be full of till operators, we need people in work earning a living not a beep beep machine.
Many of us remember actually being served at the counter by shop assistants who actually got your goods for you. The way it’s going it won’t be long before the customer is bringing the goods out of the stockrooms on pallet trucks and stacking the shelves themselves.
Scrap the self serve tills, employ more human beings to work the check outs. All this beep beep, pay by card nonsense is turning people into thickoes. Bar staff who can’t add up or subtract is widespread now, ridiculous.
There’s stores in London now whereby you register your card, walk in get your groceries and walk out, no tills no nothing just a receipt by email...cashless in 10 years.
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Re: Reports of the demise of cash premature?
Quote:
Originally Posted by
Whisperer
There’s stores in London now whereby you register your card, walk in get your groceries and walk out, no tills no nothing just a receipt by email...cashless in 10 years.
The ‘lifters have been doing that for years in Cardiff, no card, no receipt:hehe: