What's Wrong With Cash?
Posted by: dint
28th Mar 2024 01:11am
Has anyone here been caught out at a place that does not accept cash?
I have a few times.
And each time no good or credible reason was ever given for refusing the only means I had to pay.
It is still legal tender and I find it easier keeping a tab on my finances by actually handling the stuff.
I'm also finding that these card tap/non cash places charge a fee.Or do the banks ?
In any case I, the customer, is the loser here.
I have a few times.
And each time no good or credible reason was ever given for refusing the only means I had to pay.
It is still legal tender and I find it easier keeping a tab on my finances by actually handling the stuff.
I'm also finding that these card tap/non cash places charge a fee.Or do the banks ?
In any case I, the customer, is the loser here.
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Comments 2
Aimz2024
Honestly no, and I'm not quite sure how I would react either. I believe it's the processing fees by who they have the machine with, as this is how it is for my small business, although I absorb the costs not pass them on.
Nik3260
The idea is that paper money is among the dirtiest things we ever handle. If you think about how many people touch a single note or coin and the fact that they are NEVER washed it is pretty gross. So places have started insisting on contactless payments as a hygiene measure and also because it is usually quicker. I struggle to keep track of money in digital form and prefer to use cash whenever possible. However, it does make a decent amount of sense for a food vendor or a business owned by someone who is immune-compromised to insist on contactless payment. The additional fee IS annoying I will admit. I think this is just one of those cultural changes that come with new technology although the pandemic played a role. The service charge is to cover the bank fees that the business pays to use its technology. Most places will only charge you a fee if you spend under a certain amount, usually $10-15. But no matter how frustrating it gets I will remind you and all my other fellow cash lovers that these policies are put in place by the business owner/management. NOT the employees you are interacting with so no matter how annoyed you become remember not to take it out on them. Places such as farmer, and craft markets are more likely to have lots of cash-friendly (Or only) vendors for you.