FabSwingers.com > Forums > Ireland > Cash or card
Cash or card
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"Mostly card, cash on nights out. I sold a lovely car for cash and I'm showing burning through it even though i barely drink anymore... those non-alcoholic beers add up "They feckin do when they cost more or the same as beer with alcohol | |||
"Mostly card, cash on nights out. I sold a lovely car for cash and I'm showing burning through it even though i barely drink anymore... those non-alcoholic beers add up
They feckin do when they cost more or the same as beer with alcohol "Never understood that tbh  | |||
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"Mostly card, cash on nights out. I sold a lovely car for cash and I'm showing burning through it even though i barely drink anymore... those non-alcoholic beers add up
They feckin do when they cost more or the same as beer with alcohol
Never understood that tbh "I emailed Heineken and asked that very question I was told it was made as normal beer but then extra work went into removing the alcohol and smaller volumes and thats why it costs extra Now don't even start me on 2 bottles of soft drink in a pint glass of ice  | |||
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"Do you use cash these days or is everything you buy on a card Today I realised that someone gave me 90 euro at Christmas and it's still sitting in my wallet I don't use cash at all everything on tap card or credit card " Cards, phones, actually | |||
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"Got a 500euro note as a wedding present and can't spend it anywhere! " I'll give you 400 in 20's for it ?????? | |||
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"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda " There's a few up here charge, the ones at my local shopping outlet charge £1 per transaction | |||
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"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda There's a few up here charge, the ones at my local shopping outlet charge £1 per transaction " They were all 95p around here and then jumped overnight to £1.25. I haven't used any of those since last year so I don't know what they are now. | |||
"Mostly card, cash on nights out. I sold a lovely car for cash and I'm showing burning through it even though i barely drink anymore... those non-alcoholic beers add up
They feckin do when they cost more or the same as beer with alcohol "And give you a worse headache | |||
"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda There's a few up here charge, the ones at my local shopping outlet charge £1 per transaction They were all 95p around here and then jumped overnight to £1.25. I haven't used any of those since last year so I don't know what they are now. " Actually now that you mention it, they used to be £1 but could be more now as I haven't used them in such a long time | |||
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"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda " Depending on your bank and your type of account, you may be charged for withdrawing money from ATMs in your monthly/quarterly/annual banking fees. It costs more to withdraw from the cashier in the bank than from an ATM with AIB, for example. Go look at the breakdown of your banking fees to see what each of your transactions costs you.
And I use cash wherever possible. Cash is privacy, cash is king, cash is welcome when technology fails
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"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda Depending on your bank and your type of account, you may be charged for withdrawing money from ATMs in your monthly/quarterly/annual banking fees. It costs more to withdraw from the cashier in the bank than from an ATM with AIB, for example. Go look at the breakdown of your banking fees to see what each of your transactions costs you.
And I use cash wherever possible. Cash is privacy, cash is king, cash is welcome when technology fails
"Yeah I pay 6 euro a month to BOI as an account fee | |||
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"Dont think there's a charge to get money from ATM machines yet but as a hell of a lot of them have been sold to private companies then I presume it's on the agenda " i went to get 300 euros out from an atm using my sterling card it wanted to charge me £340 sterling cancelled transaction | |||
"This is worth thinking about ??! Why are banks putting pressure on their customers to abandon cash payments in favor of digital payments? YOU PAY BY CARD AND LOSE MONEY. YOU DON'T UNDERSTAND THE LOGIC WHY BANKS MAKE IT EASY FOR ATMs TO USE? Why are digital payments getting easier and easier? LET'S FIND IT OUT! Why pay with cash everywhere rather than a debit card? Let's take the following example: a 50 euro note is circulating in the economy. - I have a 50 euro note in my pocket, I bring it to the restaurant and pay for my dinner. - The restaurant owner uses the same 50 euros to settle the bill for his car wash. - The car wash owner pays for a haircut at his barber. - The hairdresser uses this 50 euros to shop at the market. After an unlimited number of payments, the €50 note remains a €50 note, it has filled the circuit for which it was designed, it has fulfilled its function for all those who used it as a means of payment. The bank did not intervene, therefore it did not gain anything from these transactions. WELL SO WHAT THE FACT? - If I go to the restaurant and pay digitally with a debit card, what happens? - The cost of the digital payment charged by the restaurateur, including the percentage transaction fee, is on average 2.5%, which means 1.25 euros for each subsequent payment transaction. (THIS MEANS THAT EVERY DIGITAL PAYMENT TRANSACTION COSTS €1.25). - the same rate applies when the restaurateur pays his digital bill at the washing station, - the same rate applies when the owner of the car wash pays the hairdresser, - this transaction is repeated consecutively for the following payments, etc. So after the first 36 transactions, €50 fell to €5 and the remaining €45 became bank property... Also, the cost of a debit card on average is €2.25 per month, so €50 after a month of savings is only €47.75. Now think of billions of people and billions of transactions. Banks are the best example of how you can make money from nothing! At the same time, they cause enormous damage, pull money out of circulation and fuel inflation. Let's ALL, or as many people as possible, use decentralized wallets for our transactions in the absence of cash that will necessarily disappear. Let's ALL change the way we pay." Whereas I agree that the banks are the only ones earning on digital transactions, it's not really as simple as you state. The reality is that a business taking in cash will not necessarily use that cash directly to pay for the next service or product. Cash handling incurs banking fees - deposits, withdrawals or exchanging cash for smaller or larger denominations cost a business money. Banking costs money, regardless of whether they are digital or cash transactions. Cash gives you privacy and cash is a means of keeping control over where and how you can spend your money. If cash were to be scrapped, a digital currency only would be far easier to control by the powers that be. | |||
"This is worth thinking about ??! Why are banks putting pressure on their customers to abandon cash payments in favor of digital payments? YOU PAY BY CARD AND LOSE MONEY. YOU DON'T UNDERSTAND THE LOGIC WHY BANKS MAKE IT EASY FOR ATMs TO USE? Why are digital payments getting easier and easier? LET'S FIND IT OUT! Why pay with cash everywhere rather than a debit card? Let's take the following example: a 50 euro note is circulating in the economy. - I have a 50 euro note in my pocket, I bring it to the restaurant and pay for my dinner. - The restaurant owner uses the same 50 euros to settle the bill for his car wash. - The car wash owner pays for a haircut at his barber. - The hairdresser uses this 50 euros to shop at the market. After an unlimited number of payments, the €50 note remains a €50 note, it has filled the circuit for which it was designed, it has fulfilled its function for all those who used it as a means of payment. The bank did not intervene, therefore it did not gain anything from these transactions. WELL SO WHAT THE FACT? - If I go to the restaurant and pay digitally with a debit card, what happens? - The cost of the digital payment charged by the restaurateur, including the percentage transaction fee, is on average 2.5%, which means 1.25 euros for each subsequent payment transaction. (THIS MEANS THAT EVERY DIGITAL PAYMENT TRANSACTION COSTS €1.25). - the same rate applies when the restaurateur pays his digital bill at the washing station, - the same rate applies when the owner of the car wash pays the hairdresser, - this transaction is repeated consecutively for the following payments, etc. So after the first 36 transactions, €50 fell to €5 and the remaining €45 became bank property... Also, the cost of a debit card on average is €2.25 per month, so €50 after a month of savings is only €47.75. Now think of billions of people and billions of transactions. Banks are the best example of how you can make money from nothing! At the same time, they cause enormous damage, pull money out of circulation and fuel inflation. Let's ALL, or as many people as possible, use decentralized wallets for our transactions in the absence of cash that will necessarily disappear. Let's ALL change the way we pay. Whereas I agree that the banks are the only ones earning on digital transactions, it's not really as simple as you state. The reality is that a business taking in cash will not necessarily use that cash directly to pay for the next service or product. Cash handling incurs banking fees - deposits, withdrawals or exchanging cash for smaller or larger denominations cost a business money. Banking costs money, regardless of whether they are digital or cash transactions. Cash gives you privacy and cash is a means of keeping control over where and how you can spend your money. If cash were to be scrapped, a digital currency only would be far easier to control by the powers that be. " 100% this post isn't totally accurate but gives a good picture & yes cash has charges but there's wayscstound that too, us & the businesses next door swap what cash we need, he gives us change & we give him higher bills makes for much less bank time & fees. But understand the ease of use of cards which in itself is a danger for me anyway. | |||
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"Card mostly but trying to change that ,as RB stated ,small businesses are being charged for every card transaction and prefer cash and i would rather support them if I can ! " I know a number of small businesses who prefer cards as it means they lose less to light fingered, or even careless staff. Cash comes with plenty of bank fees as well anyway. | |||
"Both, because all small businesses are crying out for increased cash usage due to card charges. Most of the local chippies don't accept card payments anymore. Card is handy but I'll always use cash when I have it. " Takeaways are happy enough to give services such as Just Eat or Marvin or Deliveroo up to 30% of a commission yet they complain about a circa 1.6% merchant fee at the counter, which then saves them cash handling fees and banking times. | |||
"Both, because all small businesses are crying out for increased cash usage due to card charges. Most of the local chippies don't accept card payments anymore. Card is handy but I'll always use cash when I have it. Takeaways are happy enough to give services such as Just Eat or Marvin or Deliveroo up to 30% of a commission yet they complain about a circa 1.6% merchant fee at the counter, which then saves them cash handling fees and banking times. " None of my local chippies use any of those services. They only deliver within a 2 or 3 mile radius and use local taxi companies who charge £2-£3 for delivery. | |||
"Both, because all small businesses are crying out for increased cash usage due to card charges. Most of the local chippies don't accept card payments anymore. Card is handy but I'll always use cash when I have it. Takeaways are happy enough to give services such as Just Eat or Marvin or Deliveroo up to 30% of a commission yet they complain about a circa 1.6% merchant fee at the counter, which then saves them cash handling fees and banking times. None of my local chippies use any of those services. They only deliver within a 2 or 3 mile radius and use local taxi companies who charge £2-£3 for delivery. " Oh I know that they don’t all use them; however of those who do…. | |||
"This is worth thinking about ??! Why are banks putting pressure on their customers to abandon cash payments in favor of digital payments? YOU PAY BY CARD AND LOSE MONEY. YOU DON'T UNDERSTAND THE LOGIC WHY BANKS MAKE IT EASY FOR ATMs TO USE? Why are digital payments getting easier and easier? LET'S FIND IT OUT! Why pay with cash everywhere rather than a debit card? Let's take the following example: a 50 euro note is circulating in the economy. - I have a 50 euro note in my pocket, I bring it to the restaurant and pay for my dinner. - The restaurant owner uses the same 50 euros to settle the bill for his car wash. - The car wash owner pays for a haircut at his barber. - The hairdresser uses this 50 euros to shop at the market. After an unlimited number of payments, the €50 note remains a €50 note, it has filled the circuit for which it was designed, it has fulfilled its function for all those who used it as a means of payment. The bank did not intervene, therefore it did not gain anything from these transactions. WELL SO WHAT THE FACT? - If I go to the restaurant and pay digitally with a debit card, what happens? - The cost of the digital payment charged by the restaurateur, including the percentage transaction fee, is on average 2.5%, which means 1.25 euros for each subsequent payment transaction. (THIS MEANS THAT EVERY DIGITAL PAYMENT TRANSACTION COSTS €1.25). - the same rate applies when the restaurateur pays his digital bill at the washing station, - the same rate applies when the owner of the car wash pays the hairdresser, - this transaction is repeated consecutively for the following payments, etc. So after the first 36 transactions, €50 fell to €5 and the remaining €45 became bank property... Also, the cost of a debit card on average is €2.25 per month, so €50 after a month of savings is only €47.75. Now think of billions of people and billions of transactions. Banks are the best example of how you can make money from nothing! At the same time, they cause enormous damage, pull money out of circulation and fuel inflation. Let's ALL, or as many people as possible, use decentralized wallets for our transactions in the absence of cash that will necessarily disappear. Let's ALL change the way we pay. Whereas I agree that the banks are the only ones earning on digital transactions, it's not really as simple as you state. The reality is that a business taking in cash will not necessarily use that cash directly to pay for the next service or product. Cash handling incurs banking fees - deposits, withdrawals or exchanging cash for smaller or larger denominations cost a business money. Banking costs money, regardless of whether they are digital or cash transactions. Cash gives you privacy and cash is a means of keeping control over where and how you can spend your money. If cash were to be scrapped, a digital currency only would be far easier to control by the powers that be. " It also forgets the small matter of Value Added Tax  | |||
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