Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

What is societies obsession with carrying cash?

11314161819

Comments

  • Registered Users, Registered Users 2 Posts: 10,022 ✭✭✭✭pgj2015


    Just because things are going a certain way, doesn't mean they cant swing back the other way at some stage. 😉



  • Registered Users, Registered Users 2 Posts: 16,228 ✭✭✭✭Fr Tod Umptious


    If the merchant has a power or network problem then they can't accept your payment, if you had cash they could.

    Obviously the problem is on their side but what are you going to do ?

    Jump up and down on your high horse about how they are legally obligated to accept your card or walk out of the premises without your product because you had no cash to pay for it?



  • Registered Users, Registered Users 2 Posts: 728 ✭✭✭20Wheel


    I just dont get the mentality of going out with only one means of getting by when the options are right there. Its not even like you're passively neutral. You're actively anti-cash. Which is just weird. That mentality reminds me of a few years back when we had tribal idiots abandoning reason and treating apple products as a religion, just hopeless hipsters with their egos up their asses.

    But you'll learn. There'll be a network glitch, or an uncharged or faulty battery, or a faulty terminal, or a power outage.

    Putin is a dictator. Putin should face justice at the Hague. All good Russians should work to depose Putin. Russias war in Ukraine is illegal and morally wrong.



  • Registered Users, Registered Users 2 Posts: 11,773 ✭✭✭✭blade1


    No, I'd get over it.

    You'd probably call the the cops on them though.



  • Moderators, Computer Games Moderators Posts: 3,184 Mod ✭✭✭✭Dr Bob


    Only people actively using cash these days are the elderly , drug dealers , tax dodgers , and 'freeman of the country ' types....

    And even a lot of the drug dealers are switching to cashless systems .



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 3,236 ✭✭✭bmc58




  • Registered Users, Registered Users 2 Posts: 10,254 ✭✭✭✭hynesie08


    If a merchant had a power problem they can't take cash either, but in this case there would be a sign saying cash only and I would go somewhere else.



  • Registered Users, Registered Users 2 Posts: 17,435 ✭✭✭✭astrofool


    I'm pretty sure most card payment methods will happily store the transaction and then action it later when connectivity is available (almost like it's been a thought through scenario). Back 20 years ago, most terminals would automatically phone home after midnight to bulk process the transactions.

    Both (cash and card) will be available but access to cash and it's use will continue to diminish, give it a decade and it'll start being like cheques (and the cost of using cash will keep going up accordingly).

    Still use cash on the odd occasion myself but mostly for person to person (and revolut is better here anyway) transactions, can't remember the last time I used it in a shop.



  • Registered Users, Registered Users 2 Posts: 7,991 ✭✭✭growleaves


    'You may see the downside of cash some day if you get robbed or lose your wallet'

    I could lose my wallet with my card in it but have a fifty in my trouser pocket. We're just going around and around in circles with this stuff.

    Now can somone prove than 'fumbling for cash' takes .08th of a second longer than 'fishing desperately for your card' etc., etc.

    The surface arguments don't really get to the heart of the matter. Old ladies searching through a cumbersome coin purse has nothing to do with it.

    9/10ths of this thread is just waffle around the real issue and motivations.



  • Posts: 0 [Deleted User]


    There was a network glitch in Aviva stadium a couple of months back and the people at the American football game ended up getting free food and drinks. Interestingly neither card nor cash payments could be accepted.

    If I ever get stuck maybe I'll start carrying other payments options and hold my hands up saying lesson learned. But in the roughly 3 years since the covid pandemic started I haven't been carrying cash and the 1 time I got stuck was in a chipper that only accepted cash so I went next door and got a Chinese instead, hardly a big deal. And I've travelled to the US and a couple of countries in Europe in that time and not needed to use cash either, so for me I just don't bother with it.

    The poster who mentioned cheques makes a good point, 20 years ago they were widely used , now they're almost redundant.

    I've no issue with others using cash, but I just don't need it so I don't bother with it.



  • Advertisement
  • Registered Users, Registered Users 2 Posts: 8,126 ✭✭✭MrMusician18


    A card terminal doesn't need a signal to take a payment. Terminals can be set store payments to process them when a signal is available.



  • Registered Users, Registered Users 2 Posts: 17,435 ✭✭✭✭astrofool


    I'll also add, for the OP's situation, tills have a suspend function which lets you pause and come back to a transaction, a good cashier will put the slowcoach to the side to count their pennies and move on with everyone else rather than holding up the entire queue.



  • Posts: 14,708 ✭✭✭✭ [Deleted User]


    How does that work if the account doesn’t have the funds, if it can’t be checked in real time?



  • Registered Users, Registered Users 2 Posts: 7,991 ✭✭✭growleaves


    @downtheroad 'I've no issue with others using cash'

    You just thanked a post above yours saying that only drug dealers, tax evaders and old biddies use cash.

    As I said in one of my first posts in this thread, the extreme bitterness and resentment against cash does not match the feigned indifference about it.

    "Oh yeah I don't care whether anyone uses cash except [20 pages of extreme anti-cash invective]"

    If your real position was "Yeah personally I prefer card payments but hey whatever" you would not be writing the posts you are writing, the way you have written them.



  • Registered Users, Registered Users 2 Posts: 728 ✭✭✭20Wheel


    Most generous of the stadium to do that. But we can't really depend on generosity now can we.

    Also I think you'll find that cash payments could be accepted. Cash payments can almost always be accepted on location if you think about it.

    Put hand out.

    Accept cash.

    In the last 3 years nobody has turned down my cash. And I too have travelled to the US and European countries where funnily enough cash also wasn't a problem. Another poster mentioned bitcoin, which we were all supposed to be using by now, it was the future, it was going to replace cash. But that too seems pretty redundant recently.

    I've no need to start using an app or being solely dependent on my phone, so I don't bother with it.

    Putin is a dictator. Putin should face justice at the Hague. All good Russians should work to depose Putin. Russias war in Ukraine is illegal and morally wrong.



  • Registered Users, Registered Users 2 Posts: 17,435 ✭✭✭✭astrofool


    Most don't check in real time, the account will go into debit and the customer charged by the bank for going negative (unless they have an overdraft facility). The payment system (mastercard/visa/whoever) take on the risk for customers abusing this and charge retailers (via a % of each transacation) and customers (via interest/penalties) accordingly. I'm pretty sure cards can still be done manually on paper (using the in-triplicate machine) and put through later on.

    The POS (point of sale)/till system was down rather than the payment system.



  • Registered Users, Registered Users 2 Posts: 8,913 ✭✭✭Danno


    Those championing the demise of cash have some amount of trust in the systems. Cash has worked for over two millennia - don't be so quick to write it off.

    When your carbon credits are tied to your digital wallet, you'll sing a different tune then.



  • Registered Users, Registered Users 2 Posts: 8,126 ✭✭✭MrMusician18


    The account goes into negative and the customer is charged for an unauthorized overdraft.

    Card payment machines on aircraft generally work this way.



  • Registered Users, Registered Users 2 Posts: 10,254 ✭✭✭✭hynesie08


    Put hand out

    Accept cash.

    Where does the cash go? How do you make change? Who makes sure the staff with 100s of euro in their pockets are kept safe?

    But yeah, go on.



  • Registered Users, Registered Users 2 Posts: 728 ✭✭✭20Wheel


    Well you have tills and staff for that.

    Because you're not so stupid as to rely solely on networks and electronics in the first place. There might be a problem you see.

    Putin is a dictator. Putin should face justice at the Hague. All good Russians should work to depose Putin. Russias war in Ukraine is illegal and morally wrong.



  • Advertisement
  • Posts: 0 [Deleted User]


    True, I should say I know cash will continue to circulate and be used. We all know cash facilitates tax dodging and for some reason here there is a reluctance to admit that. In my line of work I've comes across plenty of examples of it, so there is no point denying it.

    I don't like the lazy argument that elderly need cash because they can't use cards. I know plenty of examples of older people using contactless, revolut, Internet banking etc.

    Cash will have a place but will decline in use in the coming years, as it has been doing in the past number of years. A poster said it has been around for 2 millennia, however no challenger like digital payments has existed until now. Cheque use has dried up, mostly kept alive by the legal industry (which also needs to be dragged into the 21st century but that's another matter). Younger generations are now growing up using digital and Revolut and are used to everything being on their phone, so why would they start using cash instead (unless to avoid tax of course).



  • Registered Users, Registered Users 2 Posts: 16,228 ✭✭✭✭Fr Tod Umptious


    There was a network glitch in Aviva stadium a couple of months back and the people at the American football game ended up getting free food and drinks. Interestingly neither card nor cash payments could be accepted.

    That was card only from the get go, there was never a cash option at the event that day.

    If a business offers both card and cash, a power or network outage should have less impact on their ability to process cash transactions.



  • Registered Users, Registered Users 2 Posts: 17,435 ✭✭✭✭astrofool


    Not much they can do when the tills are down...

    Supermarkets hit this and usually close until the tills work again (one famous example had the customers pay what they think it was and found people overpaid).

    They could keep using non-electronic/networked tills but most are happy with the dependency these days.



  • Registered Users, Registered Users 2 Posts: 4,177 ✭✭✭Fandymo


    You get in cab, he brings you to destination, tells you how much, you try to pay by card. If it’s not working. His problem, not yours. By law he has to accept card or he can’t drive, same as if his seatbelts aren’t working.



  • Registered Users, Registered Users 2 Posts: 10,022 ✭✭✭✭pgj2015


    Yeah we sorted all this, the fare is paid tomorrow. end of.



  • Registered Users, Registered Users 2 Posts: 4,177 ✭✭✭Fandymo


    Cashless payment devices/terminals used in taxis must:

    be correctly functioning to permit a taxi driver to operate, a driver is obliged to withdraw from service if their terminal is broken or out of charge, in the same way as a taxi may not operate without a functioning, verified taximeter



  • Posts: 14,708 ✭✭✭✭ [Deleted User]




  • Registered Users, Registered Users 2 Posts: 4,177 ✭✭✭Fandymo


    It would never get that far. A taxi driver should not be on the road with a broken card machine, as per the NTA.



  • Registered Users, Registered Users 2 Posts: 10,254 ✭✭✭✭hynesie08




  • Advertisement
  • Registered Users, Registered Users 2 Posts: 7,991 ✭✭✭growleaves


    What if it breaks during a journey? Is the driver not still owed the fare?



Advertisement