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Contactless.

Started by: Dave xl5 (477) 

I've heard it said that we in this country are rapidly moving towards being a cashless society. Would that be a good idea, is it inevitable? I always thought I'd never own a smartphone, but has it as turned out, I now think I can't manage to be without mine. And I do find that more, and more I am using contactless for allsorts of everyday small purchases now.

Started: 22nd Jan 2020 at 15:21

Posted by: Anne (4384) 

I will still need cash for the window cleaner. He says he will continue to use pencil and paper to mark customers off.

Replied: 22nd Jan 2020 at 15:41

Posted by: PeterP (11223)

Always have cash on me. There are still a lot of places which don't have card machines. There are not many vending m/c which take cards.

Replied: 22nd Jan 2020 at 15:53

Posted by: dougie (5019) 

I've still got the first cash withdrawal cards from the first cash-machine used in the world by Barclays in 1967, later they changed there machines to except a new Barclaycard plastic card which they gave us in 1974 that could also be used in shops and other places, they were followed by Nat-West Bank they also brought there own plastic card and machine out

P.S. These were credit cards that you could also get cash without paying interest if you paid it off in the 56 days, I've never used Contactless on my card and don't think I ever will give me cash everytime

Replied: 22nd Jan 2020 at 16:19
Last edited by dougie: 22nd Jan 2020 at 16:35:34

Posted by: FAT MICK (inactive)

Dougie have yo still got your old 1950 Shearings coach trip tickets as well

Replied: 22nd Jan 2020 at 16:33

Posted by: dougie (5019) 

No Mick--But I've still got my book of petrol tickets just in case I ever need them See you've been spending your money again out of the country in N.Z. I spend it here with Shearings

Replied: 22nd Jan 2020 at 16:47

Posted by: tonker (27835) 



Replied: 22nd Jan 2020 at 16:50

Posted by: FAT MICK (inactive)

Yes Dougie all the way Singapore airlines business class.

Replied: 22nd Jan 2020 at 16:54

Posted by: Dave xl5 (477) 

Some places has as been said don't take cashless, or you have to spend a certain amount to use it. Maybe the treasury would like a cashless society to prevent tax evasion. But what could people do to stop it? Who would have thought 30 years ago that buying on the internet would put in jeopardy the local high street. I believe now they say people are now having chips surgically implanted into their bodies for cash security, and convenience. Looks like Orwell's 1984 is coming, if a little late.

Replied: 22nd Jan 2020 at 20:21

Posted by: tomplum (12354) 

Its big brother, credit cards and cashless transactions lose thousands in fraud and bogus scams yet, we are being forced to use them, because big brother can see paper trails, they can't see the cash movements nor Tonkers stash under his bed, he's had to buy step ladders to get in bed now because of the build up of funds under his mattress,

Replied: 22nd Jan 2020 at 22:45

Posted by: Tommy Two Stroke (15202)

Replied: 23rd Jan 2020 at 08:21

Posted by: kathpressey (5590) 

what worries me about cash less is the children growing up and not knowing how to use real money. I know there are cards now designed for children with money topped up by parents. My point is that a child with cash in hand learns the value and appreciates the commitment of spending, and see it getting less. Do you see what I mean?

Replied: 23rd Jan 2020 at 08:41

Posted by: tomplum (12354) 

I know what you mean Kath, its disturbing to our generation that the banks encourage borrowing to the young, we see it all around, the young uns use their phones to pay everyday items, burgers,coffee,bus fares they just spend without knowing or caring of the cost, Its because they are being conditioned to just spend don't think. thinking about spending is not healthy, for the bank,

Replied: 23rd Jan 2020 at 09:01

Posted by: Tommy Two Stroke (15202)

If you give a child an amount of pocket money, then you say that the child will see the amount in his or her pocket dwindling and budget accordingly, if you put that pocket money on the debit card or phone of a child, where the total is recorded in real time, so that the child can see the amount dwindling, then surely the child will budget accordingly, if it has been made clear to the child, that once the amount on the debit card or phone has been used up, then that it is it, no more money until the next time the pocket money is given, via the debit card or phone.

Yoo have always had parents of kids who 'spoil' their kids and give them money on demand, and so you will have parents who will do the same thing with a debit card or phone, such is life.

Look at it this way, in that it is not just big brother in the way of the government who can track your spending habits, if you are a parent you can see what your children have been spending their money on, because when you were young, how many times did your mum ask yo what you had spent your pocket money on, and how many times did you lie about it

Replied: 23rd Jan 2020 at 09:52

Posted by: Dave xl5 (477) 

Kathpressey,
You make a very good point. I was brought up to only get what I could afford. The only real debt I've really had was a mortgage. Kids need to see before they are old enough to accumulate bad debts the true value of money, and the responsibility of financial self control. So parenting, on its own won't be enough. "you can't always get what you want straight away" is what I was told. Notes and coin, have much more reality than plastic. But will we have a choice?.

Replied: 23rd Jan 2020 at 14:04

Posted by: PeterP (11223)

Would never have a credit card but I have got a debit card. If I dont have the money in the bank then I cannot buy anything.

Replied: 23rd Jan 2020 at 14:09

Posted by: tonker (27835) 

You can’t hire a car without a credit card. Well, you can but it costs an arm an’ a leg. And a kidney. Probably!

Replied: 23rd Jan 2020 at 14:53

Posted by: PeterP (11223)

Tonker I have hired a car using my debit card and have never had a problem with cost?

Replied: 23rd Jan 2020 at 15:19

Posted by: tonker (27835) 

You can’t fool me. And you know that.

Without a credit card, they’d make you pay additional insurance or leave a large cash deposit. And the hire charge would go up too!

Replied: 23rd Jan 2020 at 15:36

Posted by: fossil (7728)

I have hired a car in Fuerteventura for years with 2 firms and paid the price they quoted ,all in(insurance etc)with a debit card at the airport.There are some firms to be wary of that behave just as Tonker said.

Replied: 23rd Jan 2020 at 16:15

Posted by: firefox (3239)

Revelation 13:16-17:

Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name

Replied: 23rd Jan 2020 at 16:46
Last edited by firefox: 23rd Jan 2020 at 17:11:59

Posted by: broady (inactive)

We pay everything possible by credit card. We are lucky to be able to pay it off every month and have just booked free return flights to Manchester in August using the points accrued. It is a while since I hired a car when visiting but we had to leave a substantial deposit on our credit card ( around 15,000 pounds I think last time). They never took it but needed the number. We bring a covering letter off our insurance to cover the insurance costs. We do use the car hire companies located at Manchester Airport and reserve on line in advance.

Replied: 23rd Jan 2020 at 16:53

Posted by: tonker (27835) 

When I fly to Spain, I get a car for, well, next to nothing. I've had them for €4 a week, €8 a week and not often more than €20 a week. That's including 'road risks' insurance but not against scratches, tyres, lost keys, windscreen etc.. So, I have my own annual insurance policy (£50) that covers me for the excess (which is what they put the block on your credit card for).
The cars are all less than a year old, in case you're thinking I only get an old banger for that price!

Have a try ....
Do You Spain

Replied: 23rd Jan 2020 at 18:20

Posted by: dougie (5019) 

I've both Debit and Credit cards but use the Credit card most of the time, as it would only costs 6.93% for credit and nothing if paid in full on due date, only use debit card in machines to get cash or pay credit card bill inside the bank.

Replied: 23rd Jan 2020 at 22:09
Last edited by dougie: 24th Jan 2020 at 11:23:48

 

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