You can remove the rely on. Which have tried pushing that narrative for ages but with any scrutiny at all they’ve never had a case other than “X only accepts cash” (which would change if we removed accessibility to it) or “Y prefers it”
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What’s in it for the small businesses? Are they fairly compensated for the extra work which doesn’t necessarily lead to extra sales, and for the security in keeping more cash available, or is Link ‘doing a PayPoint’ which forces small businesses into a scheme which allows, for instance, Monzo to sell a pay–in service to its customers and imposes a loss on shopkeepers?
They get rid of the cash for free (actually, they get paid for a small fee by LINK for providing the service) whereas if they went to a bank branch or Post Office to bank their takings they would be charged for handling cash.
So it is potentially very beneficial for the business, even if the customer doesn’t make a purchase. There is also the obvious point that whilst they are in the shop, the customer may be “tempted” to make an impulse purchase too.
True, they don’t really mean “rely on” at all; they mean “want”.
Some people want cash, and sometimes for reasons that are logical, but I am yet to be convinced that anybody truly needs cash - there are ways to solve all the things that “need” cash.
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Having the choice between cash and cashless transactions is indeed valuable, as it ensures accessibility for all individuals, regardless of their preferences or circumstances. While the trend towards digital payments is undeniable, it’s important to maintain options to accommodate everyone’s needs and preferences. Cash has stood the test of time, and its continued presence in our financial landscape offers stability and inclusivity for the foreseeable future.
Card is accessible to all. People want the choice to not use it, providing there’s an additional card to cover cash handling, I think that’s fair.
we should not strive to be inclusive of a minority that is holding back economic efficiency and adding costs. they’re doing it by choice. holding us hostage.
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A tabloid approach at best.
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Freedom of choice. R-
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Of course, persuasion doesn’t need to be anything bar nice sounding and rooted in a semblance of fact
It’s true that processing cash costs money, it’s true that it’s easier to use card, it’s true it’s quicker to type a number in and then call it a day
And yet ……
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Providing those who wish to exercise choice are willing to pay extra to cover the costs associated with it, I’m fine with that
Also, you have no freedom of choice. A business can stop accepting cash tomorrow (many have, Starbucks is a good example)
There are plenty of coffee shops/businesses who do take cash - use one of those. There is your choice. R-
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I am not heavily in favour of one or another, but I am heartily sick of the endless cut and paste posts on Facebook from people who cut and paste the same stupid story concerning £50 spent at a hairdresser who then buys lunch at a cafe, who then buy supplies from a fruit and veg seller etc etc - you get the picture.
All of them appear to have mythical free business accounts and never, ever seem to pay cash into any account. It’s really, really boring and repetitive, and, whilst it gets reposted by people who have nostalgia for a predominately cash-based existence, the posters are often tinfoil hat wearing conspiracy theorists, who think we are heading towards 15 minute cities and mind control via the 5G receiving chip injected during Covid vaccinations - you (also) get the picture.
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I was in Starbucks yesterday and someone was paying with cash.
I think you should rethink your Starbucks example.
I won’t, all of the ones I’ve been to in the UK are cashless.
Given that you say you don’t use cash, you wouldn’t know if a location does or not.
I walked past two local places this week that used to take cards that now says cash only.
My mum uses cash religiously, as we live in the same town I normally find out like this
I have to say though, now I’m living in China I’ve had about 2k in cash slip through my hands over the last week