Soldato
- Joined
- 16 Jan 2003
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- 10,824
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- Nottingham
I rarely even use my physical cards these days, 99% of the time I use Apple Pay on my watch. Unless you find the very rare shop that doesn’t do contactless payments.
Should bronze money be scrapped?
- Thread starter Pawnless Endgame
- Start date
Okay Lee, makes more sense now, I was thinking of £3, £4, or £5
sandwiches, and you pumping in 3 or 4 hundred pennies, sorry.
Shouldn't all places be taking contactless now as I'm sure some of the old chip&pin pads from when chip&pin first came out don't comply with regs anymore and should have been replaced. I could be talking ******** though.
Still wouldn't bother me if I put more in but I usually keep to the cheaper sandwiches as a snack.
Soldato
- Joined
- 16 Jan 2003
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- 10,824
- Location
- Nottingham
It’s only the Disney Store that I use that doesn’t take contactless.
Still your call Lee, but do you see what I meant about being "Most popular colleague", when you're pumping
a gazillion pennies in to the machine, and there are others waiting, with £1 or £2 coins for their sandwiches.
That's assuming that when I'm on my break that a gazillion other people are too. I can be on my break and only 1 or 2 other people might be at the same time or come on 5 mins after me etc.
You probably can't buy just one litre, there are often minimum puchase amounts. But if you did, you could either pay £1.37 by card, or £1.35 or £1.40 by cash.
In reality, someone is going to be filling up a car. So around 30 litres.
30 x £1.37 = £41.10
haha a round number
31 x £1.37 = £42.47
so you'd pay either £42.47 by card, or £42.45 or £42.50 by cash.
Or you could buy 40 quids worth.
With fuel I'll usually buy a straight £20 worth or whatever and not look at how many litres that is plus I always use pay@pump if available anyway. Only time I fill up by the litre is at Morrisons so I can get the points. No good putting a round £20 in if you are 0.1 under the litre for the points.
Soldato
- Joined
- 21 Apr 2003
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- 3,351
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- South North West
Contactless is being driven by banks, not law. Banks get a 0% cut of a cash transaction, and cash can circulate for a long time in between visits to a bank.
Lol, Contactless is being driven by consumer convenience, if there was no demand for such an easy payment scheme, it would never exist.
Yet it's now what over 50% of all transactions? in under 5 years. (if we ignore cheques, cause those people are weird and should be sectioned)
The best part about it is that stupid heavy spenders who can't control themselves are getting the country's collective private debt ballooning so much, so much sooner that we can feel the good grace of an economic crash all that more hastily.
Soldato
- Joined
- 21 Apr 2003
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- 3,351
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- South North West
I never said it wasn't convenient and popular. But cash is a means of exchange between people. Cards are a means of exchange between banks. Perhaps it's another old person thing. Once you hit 50 you start to look back and see how small things can turn out to have big consequences; history becomes something a bit more tangible, something we actually influenced... for better or worse.
Personally I don't use contactless for one reason and one reason only. If my card gets nicked and someone goes on a spending spree for items £29.99 or under, I don't want my bank questioning which were my purchases. It's no effort to put in a PIN, and my life's not so precious that I need to save 5 seconds here or there... even at my age, where the seconds start to count.
i get your point, but even if the missus needs a few quid its onto the banking app and within 30s its in her account.
Its not technophobia, Like Firearms, it is not the technology that is the problem. It is how it is likley to be used.
Come up with a secure but anonymized way of carrying out virtual transactions then many of the objections go away. (Though not all of them perhaps)
Do you hold all the purse stings like?
I think he has a mail order Anime Bride or that might be someone else. This place is very confusing.
Sure get rid of 1p and 2p if you must (personally I wouldn't) but idea of getting rid of physical cash is just absurd. Might be fine if you only ever spend your money at huge corporates but not so on a more local level. My local social club where I go for a few pints is cash only, so is the juke box and pool board in said club. The takeaway joints on the way home are all cash only, and the local corner store only like cards if you are spending loads of money - no good if you just want a pint of milk and cheap no brand energy drink. Cash is still very much king but we've had this topic before.
Eh no, contactless took over last year for purchases, Cash is at best a holdover, while cheques are still jokes.
But you can't use contactless if they don't take cards full stop!
I don't use crappy corner stores, so it literally matters nought for me, i'm happily spending my money in huge conglomerates so that the continued death sentence for small business continues.