Cash

[Buzzer777]

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In crime ridden areas of the USA, many vendors refuse to take cash due to constant threats of robberies. That causes major problems for residents in the poorer areas that can't get a CC.

For me, not taking cash will cause me to look other somewhere else for what I want. CCs are an easy way to track your habits; and I don't like being tracked by anyone. (I'm a child of the 60s)

ie: I use a single card for all online grocery purchases where my address, phone number, etc., are known by the vendor.
When I go to the store in person and pay with the same card, the items that I buy show up in my purchase history online, so they must be cross referencing.
This information is used to for targeted ads when I return to shop online. I bet they also sell the information to 3rd parties.

 

[JudyN]

The only place I pay cash is at the local (legal, licensed) pot store .

I'd swap both my greengrocers for a local legal pot shop

 

[Buzzer777]

I'd swap both my greengrocers for a local legal pot shop

I take both cash and CCs.........
(having/growing is legal here, but not selling......LOL)

 

[ForestWomble]

Interesting! I've been noticing the opposite here (in the US). If you pay with a card they add a "service fee" but if you pay in cash it's a slight discount. In other words lots of establishments seem to prefer cash. I've noticed it a lot with restaurants in Charleston which can be a big tourist area. I've found myself carrying more cash than usual. I notice younger generation tend to just have their phone, put their cards on their phone and pay with the phone, don't even carry a wallet anymore!

iHaving their cards on their phone and not having any other means to pay for things I think is crazy. Only takes you loosing your phone and your in a bit of a pickle.

 

[Linz1012]

iHaving their cards on their phone and not having any other means to pay for things I think is crazy. Only takes you loosing your phone and your in a bit of a pickle.

Exactly! I'm behind the times and still use my debit card or cash to pay anyway.

 

[JoanneF]

Only takes you loosing your phone and your in a bit of a pickle.

That's exactly why the implanted chip is gaining traction.

You have it implanted in somewhere like a finger (maybe not one you use all the time or you'd risk paying for somebody else's shopping every time you pick up a payment terminal) and you pre-load it from an app. That means it doesn't have access to your full bank account so there's no incentive for criminals to kidnap you and cut off your body parts ( )

You just load it with, say, £50, then work through it.

 

[ForestWomble]

Exactly! I'm behind the times and still use my debit card or cash to pay anyway.

Me too.

That's exactly why the implanted chip is gaining traction.

You have it implanted in somewhere like a finger (maybe not one you use all the time or you'd risk paying for somebody else's shopping every time you pick up a payment terminal) and you pre-load it from an app. That means it doesn't have access to your full bank account so there's no incentive for criminals to kidnap you and cut off your body parts ( )

You just load it with, say, £50, then work through it.

It's not something I've heard about before, but must say it doesn't appeal to me.

 

[Buzzer777]

That's exactly why the implanted chip is gaining traction.

You have it implanted in somewhere like a finger (maybe not one you use all the time or you'd risk paying for somebody else's shopping every time you pick up a payment terminal) and you pre-load it from an app. That means it doesn't have access to your full bank account so there's no incentive for criminals to kidnap you and cut off your body parts ( )

You just load it with, say, £50, then work through it.

Hard pass!
George Orwell would be turning in his grave!

 

[Lurcherlad2]

Exactly! I'm behind the times and still use my debit card or cash to pay anyway.

I was told by an ex Fraud Squad Cop that using a phone for payments is safer than a physical card.

I pay by phone for most things … via cards in the Wallet.

 

[JoanneF]

Hard pass!
George Orwell would be turning in his grave!

I reckon 'they' probably already know a lot more about me than how much cash I might have loaded onto a payment chip, and where or how I'm spending it. If you carry a phone, and most people do even if some avoid it, that probably gives the watchers as much info as they want.

I doubt I'm that interesting anyway.

 

[Buzzer777]

One of my CC companies offers a virtual card, in place of carrying a physical card. "new fangled" things are always safe....UNTIL THEY AREN'T!

 

[ForestWomble]

I was told by an ex Fraud Squad Cop that using a phone for payments is safer than a physical card.

I pay by phone for most things … via cards in the Wallet.

That's interesting, not what I would of expected.

 

[Lurcherlad2]

That's interesting, not what I would of expected.

I can’t remember why though!

Think it was because on the phone, there is a pass key, finger print or facial recognition required to access everything.

If someone has your card, they can tap it to spend immediately.

I think it’s possible to get cash from an ATM via a call to your bank if you lose either phone or card. Obviously some security questions to answer, etc. but saw an ad for it on tv.

Also, apparently a credit card is safer than a debit card as it doesn’t give access to your bank account…