Discussion in 'Currencies' started by JulieW, Apr 15, 2016.
The war on simple math ... and the ability to count numbers ... continues ...
SO hang on, is it more expensive for businesses to handle cash, or to accept card payment?
If cash is more costly to handle etc, why on earth are we charged c/c surcharges?
Both payment methods cost some small percentage of the total, and it can easily be factored into the quoted price. Charging a fee to take our money can't really be justified under any circumstances.
And if we start seeing 'cash payment charges' across the board there will should be rioting in the streets!
"... usually we get a lot of $50 notes which we have to find change for," TwoForJoy supervisor Courtney Kane said.
Gosh darn it... what a major headache!!!! [sarcasm]
I really doubt he will find many small business owners that agree. In fact, a bar down the street got rid of their eftpos machine and brought in an ATM because they were sick of people "tapping" for the smallest of purchases.
Recent headlines are quite clear, cash is history, every transaction you make will be logged with your bio-metric identification.
"Brisbane cashless cafe out to prove model cheaper, more efficient way to run business"
"Why Australia will be one of the first economies to go cashless"
"No small change: moving to a cashless society is the next step for the Australian dollar"
"Welcome to a cashless future where retailers recognise our faces"
Negative interest rates are the future, cash will be trashed, gold bugs and silverites will be rounded up for re-education.
Any local business that forces plastic cards on me sees the last of me.
Because the gummnit made it legal to do so.
IIRC it used to illegal to pass on the credit card surcharge at one point.
And the credit card merchant cost is real per transaction and quantifiable, labour/time etc not so easy
The cost of receiving money from a customer is non-zero, whatever method you do it by.
Contactless payments just aren't there yet, largely because they rely on infrastructure that can and does fail (like for BankWest today actually.
I used to know a heap of people who would boast about "going cashless". Most of them now keep a $50 note jammed in the back of their wallets after suffering a bank outage.
Sounds good to me.
If enough people take this kind of stand then they will fail. Unfortunately cash lovers like us might be in a very small minority :/
A combo of smaller notes is much more useful.
I don't know why everyone doesn't. They weight nothing and take up practically zero room.
The war on cash continues. Make lots of links from cash to criminals, terrorists, drug traffickers, human slavery and tax evaders then politicians will pass new laws killing cash and bankers can finally give us the negative interest rates they have been eager to implement.
"Cash is for criminals: Why we should scrap big notes
Beyond the more heinous crimes of human and drug trafficking and terrorism, some earners hoard their money to avoid tax."
It's the ABC so of course they push the Marxist agenda.
South Australia will lead the return to cash. Too hard to pay by card when there is no power.
So tired of seeing this old furphy endlessly recycled. Do some research. The ABC News has a slightly Right Wing bias, otherwise it's pretty much even handed at the ABC, even the Q an A circus, despite the Left Wing bias of some of the presenters, (whom the ABC inspects regularly to ensure the bias doesn't happen btw).
Who told you that, the Guardian?
Cashless business works better for me.
1) reduces employee theft
2) reduced administration time/duties
3) quicker to process
4) reduces errors
if my business loses power, a non functioning eftpos machine is the least of my problems.
I have never heard anyone argue that the ABC has a right wing bias. Very odd.
The ABC charter requires balanced viewpoints, to which end they measure political bias of guests and commentators. The research showed that there were more right wing commentators and guests shown on the news than left wingers.
I don't think the ABC is left motivated or right motivated. I think they fulfill their Charter.
The argument against this is that the Liberal Party continually tries to defund the ABC whilst the Labor Party appears to hold funding at the levels previously cut by the Liberal Party. Though that could be the Liberal Party bias toward privatisation by stealth.
"They measure"? "The research showed"?
Separate names with a comma.