Reports of the demise of cash premature?

[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.

[superfeathers]

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?

[Canton Kev]

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.

[BLUETIT]

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

[BLUETIT]

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.

Fat cats do it by transferring their funds offshore, so what’s wrong with a couple of quid under the bed

[Dorcus]

Re: 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.

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.

[splott parker]

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.

Aye, there’s no skullduggery, fraud or deceit with credit and debit cards :facepalm:

[William Treseder’s Mam]

Re: Reports of the demise of cash premature?

How long until they put Charles’s mug on it

[Rjk]

Re: Reports of the demise of cash premature?

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

[Rjk]

Re: Reports of the demise of cash premature?

How long until they put Charles’s mug on it

never with any luck

[JamesWales]

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?

[splott parker]

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?

Will you immediately stop posting sense it just doesn’t become you:hehe:

[az city]

Re: Reports of the demise of cash premature?

Cash only in the US is often an attempt to tax dodge.

[JamesWales]

Re: Reports of the demise of cash premature?

Will you immediately stop posting sense it just doesn’t become you:hehe:

Welcome to the rest of your life mate ;)

[The Lone Gunman]

Re: Reports of the demise of cash premature?

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.