Can't remember the exact cost but also having an eftpos machine/facility itself iirc is quite expensive for the business. Fast food would be a bit annoying but hairdressers it's ridiculous when women could spend like $100 on their hair.
The Horror of a Cashless Society
- Thread starter Mr Cashie
- Start date
- Tagged users None
Does your Coles do self checkout? If so you may be able to get cash out for free from those machines even without a purchase. It works like at at Woolies anyway. (I have no point other than to give this PSA!)
Crankyhawk
Brownlow Medallist
Need cash how else can I pay pub poker buy ins?
- Jul 30, 2018
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- #55
The two groups who would love a cash-free society the most are banks and cops. Always funny when lefties can be persuaded into supporting them via internecine resentment.
How the fxxx are poor innocent tradies supposed to get fishing gear past the mrs?
The humanity....
The humanity....
Or the latest drone.
Im going to Japan in a few months so having to hoard cash to be able to access it there.
Not a lot of (affordable)places take credit card, especially "Western" Credit Cards ( I got a Citi Bank debit card but it needs to be filled with real money here)
Im so used to pay on credit card get the interest free period and pay off in full. (collect points go travelling)
Pantry and freezer is stocked,no shopping (bare minimum) for a few months, cash will be hoarded.
Not a lot of (affordable)places take credit card, especially "Western" Credit Cards ( I got a Citi Bank debit card but it needs to be filled with real money here)
Im so used to pay on credit card get the interest free period and pay off in full. (collect points go travelling)
Pantry and freezer is stocked,no shopping (bare minimum) for a few months, cash will be hoarded.
- Dec 27, 2016
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- #59
It is estimated Australians are losing a few hundred million dollars a year in surcharges, according to illustrative figuring based on research by the Reserve Bank of Australia.
There is a cost to every transaction. Data published by the RBA suggests merchants pay around $4 billion in service fees to banks and card issuers a year.
https://mobile.abc.net.au/news/2018...-200-million-a-year-paying-with-card/10666008
There is a cost to every transaction. Data published by the RBA suggests merchants pay around $4 billion in service fees to banks and card issuers a year.
https://mobile.abc.net.au/news/2018...-200-million-a-year-paying-with-card/10666008
Footyfan61
Debutant
- Dec 19, 2018
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Now your opinion on FB, Twitter, Instagram, google etc that are already spying and tracking our data?
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I love how the banks have responded to a kicking from the royal commission by.....putting the boot into their customers, especially the loyal ones
- Dec 18, 2007
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I suspect the cashless society is a bit like the paperless office, as in it wont happen as the name suggests, the central problem is the people pushing these systems often become so focused on the concept that they overlook the fact that many people either don't have credit cards or they are often maxed out so they will need to use cash or they will have to cut spending also for small businesses it is better to be paid in cash.
Recent spectacular online system failures won’t be helping either
No us law abiding tax payers would prefer it too so the cheats would be forced to pay their share as well and put less tax burden on the rest of us. Not to mention cash free is just easier with not having to go to atms anymore.
- Jul 30, 2018
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- #65
Internecine resentment.
Um debit cards. The same way you get cash from an atm except you no longer need to waste time at an atm.
