How much of your transactions are in cash?

Started by AustinPowers, October 23, 2023, 04:31:01 PM

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What percentage of your transactions are in cash?

100% cash (don't use cards or apps)
90 - 99% cash
About 75% cash
About 50% cash / 50% card (or apps)
About 25% cash
1 - 10% cash
Don't use cash (all transactions are cards or apps)

AustinPowers

Tesco and Sainsbury's  card machines and contactless facilities  are fecked .

People are  far too reliant on technology . Maybe this will encourage  more people to use cash

https://www.bbc.co.uk/news/uk-68584235

Wildweasel74

Sure it's do hard to get cash these days, hence it drives the amount of spend on cards.

AustinPowers

Tesco and Sainsbury's affected recently, then Mc Donalds. Now, it's  Greggs  who are affected by   card payment outages

I don't get why  they needed to shut  some stores  though. I mean , is  cash no longer  considered legal tender?  :o

https://www.bbc.co.uk/news/business-68614636

Milltown Row2

Quote from: AustinPowers on March 20, 2024, 12:30:21 PMTesco and Sainsbury's affected recently, then Mc Donalds. Now, it's  Greggs  who are affected by   card payment outages

I don't get why  they needed to shut  some stores  though. I mean , is  cash no longer  considered legal tender?  :o

https://www.bbc.co.uk/news/business-68614636

If you are running a business and you are losing a third of your custom because they haven't any cash on them your business will lose a lot of money

During 2021 there were 23.1 million consumers who used cash only once a month or not at all, a significant increase from 13.7 million consumers the previous year. At the same time, there were 1.1 million consumers who mainly used cash when doing their day-to-day shopping.
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

Tony Baloney

Quote from: AustinPowers on March 20, 2024, 12:30:21 PMTesco and Sainsbury's affected recently, then Mc Donalds. Now, it's  Greggs  who are affected by   card payment outages

I don't get why  they needed to shut  some stores  though. I mean , is  cash no longer  considered legal tender?  :o

https://www.bbc.co.uk/news/business-68614636
Read the article. These aren't old style tills. It says the till display had an error which meant none of the stock items were displayed on the touchscreen so it wasn't just a payment issue, it was also a product selection issue before even getting to payment. There is little in the way of a plan B for companies when their tech lies down as most stock doesn't even have a price on it nowadays

LeoMc

Quote from: Tony Baloney on March 20, 2024, 02:06:01 PM
Quote from: AustinPowers on March 20, 2024, 12:30:21 PMTesco and Sainsbury's affected recently, then Mc Donalds. Now, it's  Greggs  who are affected by   card payment outages

I don't get why  they needed to shut  some stores  though. I mean , is  cash no longer  considered legal tender?  :o

https://www.bbc.co.uk/news/business-68614636
Read the article. These aren't old style tills. It says the till display had an error which meant none of the stock items were displayed on the touchscreen so it wasn't just a payment issue, it was also a product selection issue before even getting to payment. There is little in the way of a plan B for companies when their tech lies down as most stock doesn't even have a price on it nowadays

If is was simply a payment issue, those without cash could go old skool and get cash.

thebigfella

There are PCI DSS 4.0 requirements which much be adopted before 1st April, otherwise you would lose your PCI Compliance and in turn creates a lots of headaches plus potential financial penalties.

Taking a complete stab in the dark I'd guess the offending updates (which caused the outages) could be related to the usual last minute "PCI compliance change", despite having 2 years, being rushed out the door. Can't see it being a Payment Gateway provider issue as they all would have significant redundancy.

tonto1888

I generally only use cash to pay my tattooist

Milltown Row2

What's the craic with trying to exchange a 200 euro note to Sterling? 

My daughter came back from working as an Au pair in Italy recently and they paid her 400 euro, gave her 2, 200 notes.

Anyways she went to the post office to exchange it as she needs to pay off her Hols and they won't change it and said that even the banks don't change it!

Which is true as the wife went to one and they said no, unless you have an account?

Why print them?
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

AustinPowers

Quote from: Milltown Row2 on June 19, 2024, 10:53:28 AMWhat's the craic with trying to exchange a 200 euro note to Sterling? 

My daughter came back from working as an Au pair in Italy recently and they paid her 400 euro, gave her 2, 200 notes.

Anyways she went to the post office to exchange it as she needs to pay off her Hols and they won't change it and said that even the banks don't change it!

Which is true as the wife went to one and they said no, unless you have an account?

Why print them?

 Are they  not changing it because of  it's high value? Or do banks/PO's   not change any value of euros  to sterling?


PS. I never  even knew  there was a 200 Euro note!

Milltown Row2

Quote from: AustinPowers on June 19, 2024, 11:01:31 AM
Quote from: Milltown Row2 on June 19, 2024, 10:53:28 AMWhat's the craic with trying to exchange a 200 euro note to Sterling? 

My daughter came back from working as an Au pair in Italy recently and they paid her 400 euro, gave her 2, 200 notes.

Anyways she went to the post office to exchange it as she needs to pay off her Hols and they won't change it and said that even the banks don't change it!

Which is true as the wife went to one and they said no, unless you have an account?

Why print them?

 Are they  not changing it because of  it's high value? Or do banks/PO's   not change any value of euros  to sterling?


PS. I never  even knew  there was a 200 Euro note!

If its high value, why print it? I can say, christ why did they not just give her 4 50's but that's really not the point.

Can they be easily made counterfeit banknotes?  and Banks don't want to take a chance?
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

armaghniac

Quote from: Milltown Row2 on June 19, 2024, 10:53:28 AMWhat's the craic with trying to exchange a 200 euro note to Sterling? 

My daughter came back from working as an Au pair in Italy recently and they paid her 400 euro, gave her 2, 200 notes.

Anyways she went to the post office to exchange it as she needs to pay off her Hols and they won't change it and said that even the banks don't change it!

Which is true as the wife went to one and they said no, unless you have an account?

Why print them?

Such big notes are nuisance here as nobody want them. Just pay them into your account and then withdraw the money, or perhaps try a South Armagh bureau de change.
MAGA Make Armagh Great Again

Milltown Row2

Quote from: armaghniac on June 19, 2024, 11:10:37 AM
Quote from: Milltown Row2 on June 19, 2024, 10:53:28 AMWhat's the craic with trying to exchange a 200 euro note to Sterling? 

My daughter came back from working as an Au pair in Italy recently and they paid her 400 euro, gave her 2, 200 notes.

Anyways she went to the post office to exchange it as she needs to pay off her Hols and they won't change it and said that even the banks don't change it!

Which is true as the wife went to one and they said no, unless you have an account?

Why print them?

Such big notes are nuisance here as nobody want them. Just pay them into your account and then withdraw the money, or perhaps try a South Armagh bureau de change.

Kids nowadays don't have proper bank accounts, Monza and Revolut
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

theskull1

Give her £340 cash and put them in your wallet
It's a lot easier to sing karaoke than to sing opera

Milltown Row2

Quote from: theskull1 on June 19, 2024, 11:27:18 AMGive her £340 cash and put them in your wallet

I'll get lumbered with them that's for sure! But I'll still not be able to take them to Croker this year as no fecker will take it
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea