I remember this day very well too! Massively affected my job. And then I couldn't get home because I didn't have any petrol and couldn't pay for it.
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My local petrol station had problems last weekend so had to go cash only. A queue probably twenty deep all leaving to go to the outside cash machine to get some cash and I got served far quicker. Fair enough you want to pay on card but why the heck wouldn't someone carry cash just in case for scenarios like this? Is it so hard to leave a twenty quid note in your wallet for emergencies like this situation?
Yes in two years time Sweden will be the first cashless country in the world 100% digital transactions
Sweden: World's First Cashless Society
In 2021, Sweden starts using its own digital currency: The e-Krona. In 2023, Sweden becomes the world's first cashless society, stops accepting cash. Read more.
Dreadful, I mean I’d never go back to Stockholm but it’s worrying that they’re doing this.Yes in two years time Sweden will be the first cashless country in the world 100% digital transactions
.Sweden: World's First Cashless Society
In 2021, Sweden starts using its own digital currency: The e-Krona. In 2023, Sweden becomes the world's first cashless society, stops accepting cash. Read more.interestingengineering.com
duck cashless society. There's many reasons I detest the idea of cashless society.
Primarily, we cannot be fully reliant on technology, electronic cash being the only cash in the world would be a sure fire way to economic disaster. Any sort of power outage and nobody could buy or sell anything til the power comes back. And power outages will be more common as populations grow.
Additionally, this cashless society is the way that surveillance capitalism leading us. We're already tracked by our internet history, CCTV footage and other 'smart tech' (stop buying Amazon Alexa, you're literally bugging your own home). I don't want every single transaction I make to be tracked. Are we getting to a point where if one uses cash, there is a presumption that they are funding crime/terrorism/illegal activities? duck that.
Also side note to this rant: My drug dealer is now accepting Revolut I obviously pay in cash, but what a sign of the times. There'll come a day where I need to pay for weed with crypto, mark my words.
Primarily, we cannot be fully reliant on technology, electronic cash being the only cash in the world would be a sure fire way to economic disaster. Any sort of power outage and nobody could buy or sell anything til the power comes back. And power outages will be more common as populations grow.
Additionally, this cashless society is the way that surveillance capitalism leading us. We're already tracked by our internet history, CCTV footage and other 'smart tech' (stop buying Amazon Alexa, you're literally bugging your own home). I don't want every single transaction I make to be tracked. Are we getting to a point where if one uses cash, there is a presumption that they are funding crime/terrorism/illegal activities? duck that.
Also side note to this rant: My drug dealer is now accepting Revolut
I obviously pay in cash, but what a sign of the times. There'll come a day where I need to pay for weed with crypto, mark my words.
I love my daugther saving up her pound coins to buy her own treats. Cashless would be the same.
Imagine heading to the seaside and not playing the 2p.machines
Imagine heading to the seaside and not playing the 2p.machines
It doesnt. When i worked in a pub we always skipped the tip part on the card machine for the customers as it didnt get back to us
You experienced that many problems? I don't work in retail, but take regular card payments off customers and rarely have problems.
I have to admit with Covid around I haven't used cash that much, I've used the self service tills with a £20 note to get some change a couple of times because I do like some change lurking in my pocket just in case. I always carry at least £30 in my wallet, this is just in case I have to pay for my fuel with cash. It's rare but there has been times when either my card doesn't work or the terminal is down, always good to have a backup.
Yeah, I don't think our systems at work were strong enough to support the demand. Probably due to their cost cutting, we were late in getting contactless payments.
It was surprising how often customers would try to pay with am expired card, too.
Today I was on a bus, when suddenly the bus driver got shirty with a passenger that had just got on board. I couldn't quite make out what all the fuss was about, then I heard the driver insist that the passenger pay by card - he would not accept cash. He was really quite rude.
I turned to the other passengers on the bus, in disbelief, but they were oblivious to the issue. If I had the courage of my convictions, I should have spoken out against the attitude of the driver.
I turned to the other passengers on the bus, in disbelief, but they were oblivious to the issue. If I had the courage of my convictions, I should have spoken out against the attitude of the driver.
I'd say the opposite tbh, I find it much easier to do all these things with card. I can categorise all my spending on my card each month, I can create seperate pots for my spending each month and get instant notifications on my phone to say how much i've spent or if i'm coming close to hitting my budget
A lot of people including myself don't even carry wallets let alone cash
Let us pay with cash! Why the purge of notes and coins must end
It is now more than two months since non-essential stores opened their doors, but since then, one in five of us has been stopped from paying with cash, according to our survey.
Too many companies still hiding behind covid when the risk is low. Where I live I have been surprised at the amount of cash only shops.
I think this generally when I see homeless people, I would usually give a bit of money but rarely have change with me anymore.
Personally, I noticed that once I got a contactless card (which I didn't want but there was no other option) my spending went up just because of small things like a coffee here, a chocolate bar there because you almost don't notice you're paying. I was much better at budgeting when I paid cash for most things. That said, there are still a few food shops near me that don't take cards, only cash
I really don’t mind this. Of course the major elephant in the room is crime- how does one pay for their drugs without cash? (Bitcoin?) if there is no cash there’s no cash- homeless people won’t have it, no (buskers in London already accept contactless!) because there won’t be any to give them.
Pocket money is easily replaced by go Henry etc cards. There isn’t really a valid reason I can see. Elderly people might like cash but presumably they’ve withdrawn it from the bank anyway, they don’t have a cash tree. Instead of withdrawing it they use their debit card.
eta- maybe with the homeless problem it’s time to look realistically at what street sleepers need. Cash just gets you stuff. It’s the stuff you want, not the cash
Pocket money is easily replaced by go Henry etc cards. There isn’t really a valid reason I can see. Elderly people might like cash but presumably they’ve withdrawn it from the bank anyway, they don’t have a cash tree. Instead of withdrawing it they use their debit card.
eta- maybe with the homeless problem it’s time to look realistically at what street sleepers need. Cash just gets you stuff. It’s the stuff you want, not the cash
Granted its rare, but what happens when a shops payment system goes down? I've had this and had to pay by cash.
yeah big issue sellers really need to be issued with the contactless thing buskers have. The homeless problem in London (and I presume elsewhere) really needs to be dealt with somehow, we managed to get people in accomodation for the first lockdown and when it is extremely cold, why can this not be done on a more permanent basis? no one can get work without an address and it is just a vicious cycle you cannot really escape from.
The main issue I see is the technological aspect, as people have said if the system goes down and no one has cash it is really a disaster. Also there is a reason a lot of small shops still have minimum spend for card payments, they have to pay fees to the company (I assume this is still the case, a lot of corner shops near me have a minimum card spend)
But when it comes down to it it’s the shops/restaurant/ businesses problem if the technology goes down. I wouldn’t spend my life worrying I might have a meal but then the machines broken. It’s no big deal, go back rhe next day or bank transfer or whatever. It’s so rare you hardly need to consider it.
Btw I think minimum fees for cash machines should and will be abolished (in fact I thought this had already happened, and naughty shops kept minimum spends to get more money out of you)
Btw I think minimum fees for cash machines should and will be abolished (in fact I thought this had already happened, and naughty shops kept minimum spends to get more money out of you)
When the system went down before loads of people I know (I live in London) ended up not able to use their contactless card as payment to get home and had to walk hours, luckily at the time I was using an oyster card so I was okay