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Cash or card
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"I think we're made to believe that it will be a cashless society. I find it hard to believe everywhere will be card only, maybe just most shops who knows xx"
Hi Candy call me old fashioned but I like the feel of cash xx
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By (user no longer on site)
over a year ago
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I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money… |
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By (user no longer on site)
over a year ago
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Was behind someone in a shop today who payed with cash. It took ages. For the cashier to count it out to make sure it was right, then to ask the customer if they had the odd few pennies. Then for the customer to root round in purse /wallet.
When it was my turn, bleep, payed with the app on my phone.
The pandemic has actually highlighted that cash has become more of a pain |
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By (user no longer on site)
over a year ago
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"I’m a window cleaner, probably about 75% bank transfer now, 25 % cash interesting is that good or bad in your business "
More to declare it to the revenue   |
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money… "
Hi my friend as I said earlier I drive buses and there are more card transactions now than cash payments |
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By (user no longer on site)
over a year ago
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"Was behind someone in a shop today who payed with cash. It took ages. For the cashier to count it out to make sure it was right, then to ask the customer if they had the odd few pennies. Then for the customer to root round in purse /wallet.
When it was my turn, bleep, payed with the app on my phone.
The pandemic has actually highlighted that cash has become more of a pain"
Is your time that previous to you? Can’t 2 minutes not being spared…? |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money… Hi my friend as I said earlier I drive buses and there are more card transactions now than cash payments "
That’s driver always ask for the right change |
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"I’m a window cleaner, probably about 75% bank transfer now, 25 % cash interesting is that good or bad in your business
More to declare it to the revenue "
you read me like a book was thinking it but didn't want to say lol |
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"I think we're made to believe that it will be a cashless society. I find it hard to believe everywhere will be card only, maybe just most shops who knows xxHi Candy call me old fashioned but I like the feel of cash xx"
Hi op I'm old fashioned too, prefer to withdraw money and pay by cash. Even when it's a self service kiosk  xx |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money… "
they only need to print money because we use cash |
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash"
Hi my friend simple analogy but true xx |
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter "
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash"
Nope.. because of credit cards and loans |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play "
great explanation are you in banking x |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash
Nope.. because of credit cards and loans "
can you expand what you mean, because what you have written doesn’t even make sense |
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play great explanation are you in banking x"
possibly  |
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By (user no longer on site)
over a year ago
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realistically we will go mostly cash free, but any investigation into it has raised the issue of creating a “poverty barrier” for people who are not able to live without cash, and for this reason the bank of england will not withdraw cash from circulation any time soon
for example there are older generations that don’t have the technological capacity to go cash free
homeless people cant get access to a bank account without a permanent address and proof of their identity to meet regulation know your customer rules , with no bank account it is not possible to go cash free at the moment
that is just 2 examples
things might change over the next few decades, particularly with growth of crypto currencies, maybe soon anyone with a mobile phone will have access to currency that doesn’t need to be cash, but we are not there yet
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash
Nope.. because of credit cards and loans "
i am wondering if you mean quantitive easing where more money was put into circulation to back existing debt (ie more money was being spent so more notes needed to exist to cover that spending) and to encourage people to take more
but again the notes are only printed because people want to loft them from a machine
the central bank can and already does, achieve the same thing by lending money to retail banks (electronically, no physical cash moves), who can then lend to customers (electronically - it would be very rare for a customer to come get a loan in bank notes), who then spends that money in shops using their card, the shops pay their bills and tax electronically … and so on… we are only printing notes because some people use them, not the other way around |
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash
Nope.. because of credit cards and loans
i am wondering if you mean quantitive easing where more money was put into circulation to back existing debt (ie more money was being spent so more notes needed to exist to cover that spending) and to encourage people to take more
but again the notes are only printed because people want to loft them from a machine
the central bank can and already does, achieve the same thing by lending money to retail banks (electronically, no physical cash moves), who can then lend to customers (electronically - it would be very rare for a customer to come get a loan in bank notes), who then spends that money in shops using their card, the shops pay their bills and tax electronically … and so on… we are only printing notes because some people use them, not the other way around "
wow girlin lingerie to take over from Rishi chancellor of the exchequer xx |
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By (user no longer on site)
over a year ago
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In the world we live in card transactions seem the easiest and germ free way.
But I have started to set x amount a week to spend and in choosing to do that have reverted back to using cash all the time so I know I'm not over spending and being wasteful with money.
Also I'm trying to get better at saving, in the hope of being able to pay a lump sum of my mortgage each year.
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I`m always loosing cards......and cash.
I need verbal money. I just go into a shop and say at the counter, "I`m giving you £3.50" or " Here`s £3.50" and the shop keeper says "Here`s your change" and I walk out with the goods. Alot easier. |
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I've pretty much stopped using cash since the pandemic started. I've always thought that cash was a bit unhygienic even pre pandemic and when I have come into contact with cash during the pandemic, because modern notes are made of plastic, I've actually washed them first before putting them in my wallet. Seriously folks if you leave a note to soak for a bit in hot soapy water the grime that comes from them into the water is not worth thinking about!
I also have a phone with NFC capability and recently took the plunge and installed Google Pay. Now I don't even have to take my card out with me anymore.
Do feel very sorry for homeless folks who's chances of getting street donations from people must have taken a massive hit during the pandemic, as nobody is carrying cash anymore.
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By *os19Man
over a year ago
Edmonton |
I mostly pay with cash and occasionally use my debit card. I am not the most knowledgeable or confident with technology so I don’t have google pay.The one thing I did during lockdown was get a Ladbrokes betting app on my phone and so far I have surprised myself how well I am doing not using it as much as I thought I would. |
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By *arkus1812Man
over a year ago
Lifes departure lounge NN9 Northamptonshire East not West MidlandsMidlands |
Recent sign in local supermarket,
"Card system down, cash only"
Supermarket virtually empty.
I always carry a couple of hundred pounds in cash for eventualities such as this. |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash
Nope.. because of credit cards and loans
i am wondering if you mean quantitive easing where more money was put into circulation to back existing debt (ie more money was being spent so more notes needed to exist to cover that spending) and to encourage people to take more
but again the notes are only printed because people want to loft them from a machine
the central bank can and already does, achieve the same thing by lending money to retail banks (electronically, no physical cash moves), who can then lend to customers (electronically - it would be very rare for a customer to come get a loan in bank notes), who then spends that money in shops using their card, the shops pay their bills and tax electronically … and so on… we are only printing notes because some people use them, not the other way around "
It was late last night when I reply. And it’s seems that you made sense of what I wrote.
I guess you work in banking.
So you must know that banking need a counter balance. Central bank lend money in return they need to show they have that cash. It’s symbolise the health of the system, that keep inflation and the currency strength strong.
But of course there is the fact that people still using cash to buy product, but that’s only recycled money…
I am not an expert btw, it’s just the way I understand it. |
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By (user no longer on site)
over a year ago
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"I see lots of dirty people putting notes in their mouth or hands down their pants and buying stuffs in shop getting cash out so I rather using my cards thanks.
Cash will always stay as central bank need to print money…
they only need to print money because we use cash
Nope.. because of credit cards and loans
i am wondering if you mean quantitive easing where more money was put into circulation to back existing debt (ie more money was being spent so more notes needed to exist to cover that spending) and to encourage people to take more
but again the notes are only printed because people want to loft them from a machine
the central bank can and already does, achieve the same thing by lending money to retail banks (electronically, no physical cash moves), who can then lend to customers (electronically - it would be very rare for a customer to come get a loan in bank notes), who then spends that money in shops using their card, the shops pay their bills and tax electronically … and so on… we are only printing notes because some people use them, not the other way around
It was late last night when I reply. And it’s seems that you made sense of what I wrote.
I guess you work in banking.
So you must know that banking need a counter balance. Central bank lend money in return they need to show they have that cash. It’s symbolise the health of the system, that keep inflation and the currency strength strong.
But of course there is the fact that people still using cash to buy product, but that’s only recycled money…
I am not an expert btw, it’s just the way I understand it. "
its not so much the the central bank needs to have cash (or notes) to back up the money in existence , in the case of other banks that print notes its the direct opposite
so for every single note printed by clydesdale or rbs, that may come into circulation that day (so say its in a cash machine or at a post office but nobody from the public actually had it yet, that counts, but if its say in a g4s warehouse then it can be excluded), those banks must hold that value in an account with the bank of england as the counter balance
but again its electronic money backing up the notes snd not the other way around
we cant keep our currency strong just by printing notes to match the debt we allow people to have, its not the paper that has the value its what it can buy , we used to back all our currency with gold at the central bank but that hasn’t happened for a long time and gold is so expensive now how would they even store what was needed
nowadays the strength of our currency is all linked to politics (which is why it tanked after brexit) and the economy and the base rate set by boe , basically how much can our money buy us , and how stable to people from other countries see it and therefore how much do they want to buy our currency |
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By (user no longer on site)
over a year ago
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Regular bills, mortgage, insurance, gas & electric, internet, council tax etc, are paid by direct debit each month from my second account.
For everything else I prefer to use cash; I take out £100 on Mondays from my primary account, and that has to last me until next Monday.
The only thing I pay for by card is the weekly shop at Costco where I'm buying on behalf of others. |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter "
Cash or card is only the final payment method, I still barter and manoeuvre regardless of how I'm paying.
Sainsbury's don't seem impressed
 lol |
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
Cash or card is only the final payment method, I still barter and manoeuvre regardless of how I'm paying.
Sainsbury's don't seem impressed
lol "
 |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play "
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con |
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By (user no longer on site)
over a year ago
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We can never be completely cash free.. some people don't have a bank card or aren't allowed one. We need to accommodate everyone in society, especially the older generation. |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con "
Morning. My friend how do they set how much they are going to take or is it £400 a month set charge good morning by the way |
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By (user no longer on site)
over a year ago
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"I've pretty much stopped using cash since the pandemic started. I've always thought that cash was a bit unhygienic even pre pandemic and when I have come into contact with cash during the pandemic, because modern notes are made of plastic, I've actually washed them first before putting them in my wallet. Seriously folks if you leave a note to soak for a bit in hot soapy water the grime that comes from them into the water is not worth thinking about!
I also have a phone with NFC capability and recently took the plunge and installed Google Pay. Now I don't even have to take my card out with me anymore.
***Do feel very sorry for homeless folks who's chances of getting street donations from people must have taken a massive hit during the pandemic, as nobody is carrying cash anymore. ***
"
***
We have buskers in town and some have a device you tap with your bank card and it donates £2.
Not keen on that in case it's set up wrong and takes more.  |
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By (user no longer on site)
over a year ago
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"Regular bills, mortgage, insurance, gas & electric, internet, council tax etc, are paid by direct debit each month from my second account.
For everything else I prefer to use cash; I take out £100 on Mondays from my primary account, and that has to last me until next Monday.
The only thing I pay for by card is the weekly shop at Costco where I'm buying on behalf of others."
That's a great tip. I have a bills account and one for spending. The spending account has text alerts set up so I know when it's getting low.
It's more difficult to keep track of contactless spending than it was having an empty purse.  |
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con "
okay so in an established business that already takes card , cash and card are of equal value
actually the cash and card transactions are also of equal value to you , you just have an additional merchant services expense now which by the way isn't going to your bank , its goes to the pdq provider, and mastercard / visa who provide the technology - its not a con, these companies provide a service , of course that has a cost but in the UK people think banking is free because the banks can’t get away with charging for anything and the perception that creates so they absorb most non business customers costs (in other countries it is common to pay monthly for your account or to use an atm of a different bank provider )
do some comparison of monthly fee vs per transaction fees and you might get a better deal
but as you seem to already be aware which is likely why you started accepting card , the convenience of card is more valuable to your customer , and even with the added expense 10 card transactions a day will be worth more to your business than 2 cash transactions because the other customers were not carrying cash so took their business to the shop along the road |
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By (user no longer on site)
over a year ago
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"i pay cash and as a result get far less advertising directed at me because my spending habbits are unknown to advertisers."
advertising isn’t connected to your cards (yet)
its the browser cookies , or giving the shop your email address for the receipt that would get you on an advertising list rather than payment method |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con Morning. My friend how do they set how much they are going to take or is it £400 a month set charge good morning by the way "
There’s a minimum world wide fee of 2p per transaction then a percentage of the sale this goes to the machine provideder then they transfer to a commercial bank who take a fee then they transfer to my bank who take a fee then I have to pay to make payments from my bank to everyone else so many people taking a cut |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con
okay so in an established business that already takes card , cash and card are of equal value
actually the cash and card transactions are also of equal value to you , you just have an additional merchant services expense now which by the way isn't going to your bank , its goes to the pdq provider, and mastercard / visa who provide the technology - its not a con, these companies provide a service , of course that has a cost but in the UK people think banking is free because the banks can’t get away with charging for anything and the perception that creates so they absorb most non business customers costs (in other countries it is common to pay monthly for your account or to use an atm of a different bank provider )
do some comparison of monthly fee vs per transaction fees and you might get a better deal
but as you seem to already be aware which is likely why you started accepting card , the convenience of card is more valuable to your customer , and even with the added expense 10 card transactions a day will be worth more to your business than 2 cash transactions because the other customers were not carrying cash so took their business to the shop along the road "
Thanks for quoting the sales pitch
It still cost £400 + to do something that cost £58 before
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con
okay so in an established business that already takes card , cash and card are of equal value
actually the cash and card transactions are also of equal value to you , you just have an additional merchant services expense now which by the way isn't going to your bank , its goes to the pdq provider, and mastercard / visa who provide the technology - its not a con, these companies provide a service , of course that has a cost but in the UK people think banking is free because the banks can’t get away with charging for anything and the perception that creates so they absorb most non business customers costs (in other countries it is common to pay monthly for your account or to use an atm of a different bank provider )
do some comparison of monthly fee vs per transaction fees and you might get a better deal
but as you seem to already be aware which is likely why you started accepting card , the convenience of card is more valuable to your customer , and even with the added expense 10 card transactions a day will be worth more to your business than 2 cash transactions because the other customers were not carrying cash so took their business to the shop along the road
Thanks for quoting the sales pitch
It still cost £400 + to do something that cost £58 before
"
i have no involvement in selling them at all , wouldnt know what the sales pitch would be
i just understand that services provided to me that would help my business are never going to be free |
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con
okay so in an established business that already takes card , cash and card are of equal value
actually the cash and card transactions are also of equal value to you , you just have an additional merchant services expense now which by the way isn't going to your bank , its goes to the pdq provider, and mastercard / visa who provide the technology - its not a con, these companies provide a service , of course that has a cost but in the UK people think banking is free because the banks can’t get away with charging for anything and the perception that creates so they absorb most non business customers costs (in other countries it is common to pay monthly for your account or to use an atm of a different bank provider )
do some comparison of monthly fee vs per transaction fees and you might get a better deal
but as you seem to already be aware which is likely why you started accepting card , the convenience of card is more valuable to your customer , and even with the added expense 10 card transactions a day will be worth more to your business than 2 cash transactions because the other customers were not carrying cash so took their business to the shop along the road
Thanks for quoting the sales pitch
It still cost £400 + to do something that cost £58 before
i have no involvement in selling them at all , wouldnt know what the sales pitch would be
i just understand that services provided to me that would help my business are never going to be free "
Like I said con |
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By (user no longer on site)
over a year ago
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"I like to use cash.
CalHi cal could say it was an age thing I am cash person with card there is no room for manoeuvre with cash room to barter
but the value of the item and the value of the payment remains the same no matter if cash or card so the bartering should be just as easy
the only time cash is worth more to someone is if they are not declaring it as earnings, or the non cash payment is a payment plan over a period of time, where the time value of money being less in future comes into play
Your so wrong
I have a shop my bank charges used to be £58 per month I payed staff cash suppliers cash ect only banked rent and utilities ect
I now take cards my bank charges are over £400 per month
I’ve had someone come and re quote from a different firm the best they could save was £7.50 a month
I have loads of small transactions
It’s a giant world wide con
okay so in an established business that already takes card , cash and card are of equal value
actually the cash and card transactions are also of equal value to you , you just have an additional merchant services expense now which by the way isn't going to your bank , its goes to the pdq provider, and mastercard / visa who provide the technology - its not a con, these companies provide a service , of course that has a cost but in the UK people think banking is free because the banks can’t get away with charging for anything and the perception that creates so they absorb most non business customers costs (in other countries it is common to pay monthly for your account or to use an atm of a different bank provider )
do some comparison of monthly fee vs per transaction fees and you might get a better deal
but as you seem to already be aware which is likely why you started accepting card , the convenience of card is more valuable to your customer , and even with the added expense 10 card transactions a day will be worth more to your business than 2 cash transactions because the other customers were not carrying cash so took their business to the shop along the road
Thanks for quoting the sales pitch
It still cost £400 + to do something that cost £58 before
i have no involvement in selling them at all , wouldnt know what the sales pitch would be
i just understand that services provided to me that would help my business are never going to be free "
oh and you aren’t doing the same as before are you? you now have a new option you offer your customers which as the number of people you will see on the thread never carry cash anymore should tell you, is value adding to your business
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By (user no longer on site)
over a year ago
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"Was behind someone in a shop today who payed with cash. It took ages. For the cashier to count it out to make sure it was right, then to ask the customer if they had the odd few pennies. Then for the customer to root round in purse /wallet.
When it was my turn, bleep, payed with the app on my phone.
The pandemic has actually highlighted that cash has become more of a pain
Is your time that previous to you? Can’t 2 minutes not being spared…? "
Actually, in this case I'm thinking more from the perspective of the staff and store management and from a customer service perspective.
If they are a busy store, which this one invariably is, then they will be wanting to move customers through their checkouts as efficiently as possible.
Nothing winds customers up more than being stuck in a long queue, especially if not all the checkouts are open. |
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By (user no longer on site)
over a year ago
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"i pay cash and as a result get far less advertising directed at me because my spending habbits are unknown to advertisers.
advertising isn’t connected to your cards (yet)
its the browser cookies , or giving the shop your email address for the receipt that would get you on an advertising list rather than payment method "
Actually supermarket gathered all your shopping habits. First to anticipate stockings popular products but also to make some demographic statistics. The use of nectar card or other loyalty cards are a bonus for data companies collectors and analytics. |
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By (user no longer on site)
over a year ago
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"i pay cash and as a result get far less advertising directed at me because my spending habbits are unknown to advertisers.
advertising isn’t connected to your cards (yet)
its the browser cookies , or giving the shop your email address for the receipt that would get you on an advertising list rather than payment method
Actually supermarket gathered all your shopping habits. First to anticipate stockings popular products but also to make some demographic statistics. The use of nectar card or other loyalty cards are a bonus for data companies collectors and analytics. "
you just proved my point , the data is connected to the loyalty system which is signed up for voluntarily - not your debit or credit card
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Sorry busman, I’ve only just seen this..it makes no difference to me apart from not having to go back and collect..
"I’m a window cleaner, probably about 75% bank transfer now, 25 % cash interesting is that good or bad in your business "
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