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)

marty34

Quote from: Milltown Row2 on February 01, 2024, 02:47:31 PMThats daft, everyone would do something different if it worked out cheaper, but it will be a cashless society soon enough

Apart from queue at a Go Service Station.  ;D

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