Cashless society

[JohnDe]

Hmm didn't think NOT accepting legal tender was allowed. Still if only a robot is there what hope is there. And in some instances the vision on two feet is often not much better than a robot. Either uneducated or speaks a different version of English to the locals.

I'd like to see someone with legal knowledge take this further - shops and venues not accepting cash.

As for the carwash, I found out from my daughter that the car wash only accepts crisp and near new $20, other denominations don't have to be as good condition.

A local craft brewery near me only accepts payment by card, I visit them every few months and they are very busy. The youth don't like to hold cash.

 

[farmerge]

I'd like to see someone with legal knowledge take this further - shops and venues not accepting cash.

As for the carwash, I found out from my daughter that the car wash only accepts crisp and near new $20, other denominations don't have to be as good condition.

A local craft brewery near me only accepts payment by card, I visit them every few months and they are very busy. The youth don't like to hold cash.

Not really good enough John De Legal tender is just that. Everything else is to suit money corporations to make more out of it.
I don't spray much cash around but would get pretty excited if it was rejected.
Nothing like making a scene as long as there is audience.
Have found that those behind the counter don't like loud noises being made in regard to their business.

 

[againsthegrain]

I wonder what will happen when they finally get rid of cash.

Refusing to accept cash is starting to become the norm.

Went to a function on the weekend, the standard drinks were supplied, and my wife wanted to buy a special drink for the birthday boy, the bar wouldn't take cash and the eftpos machine was playing up. Had to wait 20 minutes.

Sunday evening, I took one of our cars to the brushless carwash, I left my wallet at home but had about $30 cash. Lined up, put the $20 bill in the slot and no matter which way I turned it the machine would not accept it.

happened to me too, ordered a drink at the bar for my wife, they made it, went to give them a 20 and sorry we don't take cash.... if it wasn't for my wife but me id laugh and say bad luck, however in front of a female this behaviour would not be worth the trouble after the fact so used a debit card

 

[wayneL]

happened to me too, ordered a drink at the bar for my wife, they made it, went to give them a 20 and sorry we don't take cash.... if it wasn't for my wife but me id laugh and say bad luck, however in front of a female this behaviour would not be worth the trouble after the fact so used a debit card

My missus would have said (in a very posh English accent) "#### 'em, let's get the #### out of this ####hole and find someone who wants our money".

 

[Craton]

Legal tender, yeah, had heaps of "...we don't accept cash." when Covid was in full swing. That excuse doesn't cut the mustard with me anymore. I/we have made it a rule, businesses that refuse to accept cash are the losers and don't receive our business anymore.

Had one the other day, saw the "Card Only" sign and couldn't resist. Asked to speak with the duty manager, was advised store policy not to accept cash.
So what happens when the EFTPOS/Internet/Satellite links fail?
Or, when people like me refuse to transact with "Card Only" businesses?

The look on the staff faces was priceless.

On a side note. There is also a push to go "Cardless" and use NFC.
This push for all things cashless/cardless really fuels the scams, ripoffs, hacking, spoofing etc etc. My guess is that not many people are aware of NFC hacking.

Fairly easy too with the young 'un's all holding their mobiles in their hands.
From Make Use Of

NFC is a connection based on convenience, and because there aren’t many security checks, a bump could end up uploading a virus, malware, or some other malicious file to the bumped device. And if the NFC implementation is insecure, the device could automatically open that file.

The most effective way to secure against NFC vulnerabilities is not to use NFC

Educate those that use Mobile devices please.
From TechCrunch: Hackers stole passwords for accessing 140,000 payment terminals

Anyways, cash was, is and always will be king in my books, lol.

 

[againsthegrain]

My missus would have said (in a very posh English accent) "#### 'em, let's get the #### out of this ####hole and find someone who wants our money".

Mine would probably get angry at me for making a scene and handbag me over the head ?
But the real pain would come after being told off for hours ?

 

[frugal.rock]

I still work in feet and inches to the amazemnt of some who have no idea what a "foot" is except that it holds you up.

A foot is 0.3048 metres, an inch is that number divided by 12..., get the chain out and we are talking links... ? forget the yardsticks, that's for the yanks (preferably over the back of the head if they get out of line)

 

[Value Collector]

When the phone lines are down two things happen.

1, some newer machines just store the information and process the transaction later.

2, the business can bring out that Manuel card imprinting machine, you like they used to use in the 80’s before eftpos.

I can see a situation in the future where cash transactions might be subject to additional fees.

It’s common for businesses to charge credit cards 1% or so as a fee, but it can cost $60 a day to have staff count cash, sort out float and then go down and do the banking. so I can see a world where those costs get passed along to customers that use cash.

 

[againsthegrain]

When the phone lines are down two things happen.

1, some newer machines just store the information and process the transaction later.

2, the business can bring out that Manuel card imprinting machine, you like they used to use in the 80’s before eftpos.

I can see a situation in the future where cash transactions might be subject to additional fees.

It’s common for businesses to charge credit cards 1% or so as a fee, but it can cost $60 a day to have staff count cash, sort out float and then go down and do the banking. so I can see a world where those costs get passed along to customers that use cash.

It will happen, takes a few generations to fully wash it out. I would give it about 20-40 years until cash is fully phased out

 

[qldfrog]

Legal tender, yeah, had heaps of "...we don't accept cash." when Covid was in full swing. That excuse doesn't cut the mustard with me anymore. I/we have made it a rule, businesses that refuse to accept cash are the losers and don't receive our business anymore.

Had one the other day, saw the "Card Only" sign and couldn't resist. Asked to speak with the duty manager, was advised store policy not to accept cash.
So what happens when the EFTPOS/Internet/Satellite links fail?
Or, when people like me refuse to transact with "Card Only" businesses?

The look on the staff faces was priceless.

On a side note. There is also a push to go "Cardless" and use NFC.
This push for all things cashless/cardless really fuels the scams, ripoffs, hacking, spoofing etc etc. My guess is that not many people are aware of NFC hacking.

Fairly easy too with the young 'un's all holding their mobiles in their hands.
From Make Use Of



Educate those that use Mobile devices please.
From TechCrunch: Hackers stole passwords for accessing 140,000 payment terminals

Anyways, cash was, is and always will be king in my books, lol.

We have enough risk with cc touch scam bumping into you by accident wo switching NFC on your phone.
I am not enabling this.....

 

[JohnDe]

When the phone lines are down two things happen.

1, some newer machines just store the information and process the transaction later.

2, the business can bring out that Manuel card imprinting machine, you like they used to use in the 80’s before eftpos.

I can see a situation in the future where cash transactions might be subject to additional fees.

It’s common for businesses to charge credit cards 1% or so as a fee, but it can cost $60 a day to have staff count cash, sort out float and then go down and do the banking. so I can see a world where those costs get passed along to customers that use cash.

I have not seen or heard of any EFTPOS machines storing card details, that could be illegal. Besides that, any purchases over $200 requires a security PIN.

Woolworths EFTPOS system went down across the state a year ago, not one store pulled out an antique card swipe. I’d be surprised if any staff would know how to use one if they had one.

I do agree that one day there will be a surcharge on handling cash. Though that could already be the case, how often do you hear ‘discount for cash’ these days.

 

[JohnDe]

It will happen, takes a few generations to fully wash it out. I would give it about 20-40 years until cash is fully phased out

That will be a sad day.

 

[Value Collector]

I have not seen or heard of any EFTPOS machines storing card details, that could be illegal. Besides that, any purchases over $200 requires a security PIN.

Woolworths EFTPOS system went down across the state a year ago, not one store pulled out an antique card swipe. I’d be surprised if any staff would know how to use one if they had one.

I do agree that one day there will be a surcharge on handling cash. Though that could already be the case, how often do you hear ‘discount for cash’ these days.

It’s called “offline mode”.

may still require a PIN number or signature, it’s an alternative to having to drag out that huge Manuel imprinting machine.

 

[rcw1]

Legal tender, yeah, had heaps of "...we don't accept cash." when Covid was in full swing. That excuse doesn't cut the mustard with me anymore. I/we have made it a rule, businesses that refuse to accept cash are the losers and don't receive our business anymore.

Had one the other day, saw the "Card Only" sign and couldn't resist. Asked to speak with the duty manager, was advised store policy not to accept cash.
So what happens when the EFTPOS/Internet/Satellite links fail?
Or, when people like me refuse to transact with "Card Only" businesses?

The look on the staff faces was priceless.

On a side note. There is also a push to go "Cardless" and use NFC.
This push for all things cashless/cardless really fuels the scams, ripoffs, hacking, spoofing etc etc. My guess is that not many people are aware of NFC hacking.

Fairly easy too with the young 'un's all holding their mobiles in their hands.
From Make Use Of



Educate those that use Mobile devices please.
From TechCrunch: Hackers stole passwords for accessing 140,000 payment terminals

Anyways, cash was, is and always will be king in my books, lol.

Good evening Craton
rcw1 likes using cash. Do possess Credit and Debit Cards, but they both don't really get used much though ... Used mainly booking plane flights / accomodation and stuff. Of note no cash accepted inside Queensland Country Bank Stadium during NRL matches, thinking same at Suncorp too.

Cannot recall ever being knocked back for using cash at a restaurant / cafe ... they do get abit strange when breaking $100 bill at a cafe... ha ha h a ha ha Gotta use what comes out of a rediteller at some stage.

Have a nice night

Kind regards
rcw1

 

[JohnDe]

It’s called “offline mode”.

may still require a PIN number or signature, it’s an alternative to having to drag out that huge Manuel imprinting machine.


View attachment 153384

Is that allowed in Australia? I did a quick search & found no mention of it on our banking site.

Imagine handing over your credit card details to be stored in EFTPOS machines at different stores, and with your PIN. You are a brave person.

However, I do see it coming and the small risk being accepted.

 

[Smurf1976]

When the phone lines are down two things happen.

1, some newer machines just store the information and process the transaction later.

2, the business can bring out that Manuel card imprinting machine, you like they used to use in the 80’s before eftpos.

In theory agreed.

In practice when it actually happened in my local area a few months ago, it was cash only at the only shop (a supermarket) that was actually open.

Haven't seen one of the old credit card imprinters with their distinctive sound for a few years now. I suspect the average ~18 year old checkout operator has literally never seen one or has any idea that such a thing exists and was once common. Indeed I expect most would have no idea the raised printing on a credit card isn't just for appearance and actually served a very real purpose.

 

[Smurf1976]

I/we have made it a rule, businesses that refuse to accept cash are the losers and don't receive our business anymore.

I've had the opposite problem in the past.

No longer the case but previous job I had a credit card drawing on company funds for official use.

Suffice to say while it wasn't totally impossible to buy something with cash and be reimbursed, it was certainly making life hard and if at all possible I'd go somewhere else that accepted card payment.

Plenty of big businesses and government use that approach for minor over the counter purchases. Pay with card or go somewhere else as cash is just too much hassle.

Any one-off transaction under $5k credit card was the preferred means of payment simply because it's the quickest and easiest. Pay on card, all the details are captured there and then. Done. For anything routine set up an account if the supplier will agree (very rarely did anyone decline).

 

[Sean K]

Just back from the Maldives last week and a bar on an island didn't accept Maldivian cash. Only USD or card.

Maybe in the future I'll just take Kangaroos to pay for my adventures.

(They are not under water by the way. Yet.)

 

[farmerge]

A foot is 0.3048 metres, an inch is that number divided by 12..., get the chain out and we are talking links... ? forget the yardsticks, that's for the yanks (preferably over the back of the head if they get out of line)

Hmm haven't heard yard sticks mentioned for some time. Back in the dim dark days of my youth when marching girls were all the craze here in Perth, i can remember the coaches with their yard sticks walking alongside the leading girls so as to make sure their step was exactly that. Oh how I as a young teenager loved those girls in their very skimpy and tight uniforms. A red blooded male.

 

[farmerge]

When the phone lines are down two things happen.

1, some newer machines just store the information and process the transaction later.

2, the business can bring out that Manuel card imprinting machine, you like they used to use in the 80’s before eftpos.

I can see a situation in the future where cash transactions might be subject to additional fees.

It’s common for businesses to charge credit cards 1% or so as a fee, but it can cost $60 a day to have staff count cash, sort out float and then go down and do the banking. so I can see a world where those costs get passed along to customers that use cash.

Sad, but more probable than not.