[MTVN]

Other than some independent newsagent type shops it's mainly pubs who often do a £5/£10 minimum on card here but I think a big part of that is just cos they generally know you're not going anywhere so will always make the order up

[bitontheslide]

i think we will always have something to fall back on whether it be bartering sheep or whatever. The important thing to always remember is to never be totally reliant on 1 form of anything be it media, money or anything else.

Me, i like contactless payments. I set up a card very similar to a pay as you go visa, where you can only spend what you put in to your wallet. I have a card with a small limit that i use for online shopping. There are very simple things that you can do yourself to keep you "safe"

[Niamh.]

Originally Posted by MTVN

Other than some independent newsagent type shops it's mainly pubs who often do a £5/£10 minimum on card here but I think a big part of that is just cos they generally know you're not going anywhere so will always make the order up

I suppose anytime I've used my card in a Pub I've always bought atleast 2 drinks anyhow

[Denver]

Originally Posted by Cherie

Corner shops and offies will levy 50p for the transaction if you are buying less than a fivers worth, not the big supermarkets

This was actually banned a whole back

[smudgie]

We all need a bit of cash.
Kid’s treats, hairdresser, window cleaner, mind you ours has just gone on direct debit.

[Toy Soldier]

Originally Posted by smudgie

We all need a bit of cash.

Kid’s treats, hairdresser, window cleaner, mind you ours has just gone on direct debit.

I find that most small businesses (window cleaners, gardener, etc) will take PayPal these days.

Yes I have a gardener OK. I can't stand gardening.

[GiRTh]

Banks would welcome it but its unlikely to happen. Certain transaction, for one reason or another cannot be done without cash. I'm talking illegal transactions in case anyone doesnt get it. Not many drug dealers take paypal.

Banks have been trying to get to a cashless society for decades. I doubt they'll ever get there. There will always be the demand for some cash transactions.

When I worked in banks the small transactions costing was set at just under 10 pounds so I would image that has increased now so its no surprise some shops still charge for small card transactions. I dont ever see that dying out as the shop has to incur that extra bank charge.

On another note - I've one heard a Director at a medium sized building society admit that banks would do away with cheque accounts and small transactions but cannot due to the obvious public outcry that would cause. I wouldnt be surprised if they are ultimately moving toward a cashless system where transactions are only processed if they reach a certain amount.

[Beastie]

Gotta keep that spare 10 grand in cash under my mattress.

[joeysteele]

It is likely to come way off in the future.
Not for many decades at least I'd say.

Not a good thing in my view however.
I like the mix at present.

[MTVN]

Originally Posted by GiRTh

Banks would welcome it but its unlikely to happen. Certain transaction, for one reason or another cannot be done without cash. I'm talking illegal transactions in case anyone doesnt get it. Not many drug dealers take paypal.

Banks have been trying to get to a cashless society for decades. I doubt they'll ever get there. There will always be the demand for some cash transactions.

When I worked in banks the small transactions costing was set at just under 10 pounds so I would image that has increased now so its no surprise some shops still charge for small card transactions. I dont ever see that dying out as the shop has to incur that extra bank charge.

On another note - I've one heard a Director at a medium sized building society admit that banks would do away with cheque accounts and small transactions but cannot due to the obvious public outcry that would cause. I wouldnt be surprised if they are ultimately moving toward a cashless system where transactions are only processed if they reach a certain amount.

Yeah you wonder how stuff like that would function if any country would go totally cashless. Not just illegal stuff either but businesses like strip clubs where transactions are primarily cash

I think you're right about banks wanting it though hence why they'll always look to close branches as the easiest way to cut costs. Read yesterday that Barclays are going to stop people withdrawing cash at post offices as well

[Toy Soldier]

Originally Posted by GiRTh

Banks would welcome it but its unlikely to happen. Certain transaction, for one reason or another cannot be done without cash. I'm talking illegal transactions in case anyone doesnt get it. Not many drug dealers take paypal.

Cryptocurrency most likely if it came down to it. It's already used for larger "less legal" transactions.

[Tom4784]

I'm pretty much cashless at this point, I pay for everything on my card and I rarely draw money out since I'm paranoid when it comes to most cash machines. The only time I tend to carry money is if I have a specific need to pay for something in cash or if I lend someone some money or buy something for them and they pay me back in cash.

I utterly despise handling money and there's not many places that don't accept cards at this point.

[GiRTh]

High street banks would love to go to online only and they use their branches like chips in a card game. Not surprised any of them are committing to closing branches.

Most of the high level strip clubs use card payments but if you want half an ounce of green you probably need cash to pay for it.

[MTVN]

Originally Posted by GiRTh

High street banks would love to go to online only and they use their branches like chips in a card game. Not surprised any of them are committing to closing branches.

Most of the high level strip clubs use card payments but if you want half an ounce of green you probably need cash to pay for it.

They might accept card but how many people want that on their bank statements

[Jason.]

I wouldn't like it because I only pay with card at major retailers like supermarkets and chain stores. I tend to use cash at independent high street places like corner/market type shops. I'm a bit wary of using card at places like that because they seem dodgy. It's something my mum does so it's rubbed off on me I guess.

[GiRTh]

Originally Posted by MTVN

They might accept card but how many people want that on their bank statements

True and its difficult to tip the ladies with a card.

[Amy Jade]

I don't see cash becoming obsolete.

When I worked in asda on the lottery and fag counter I would say most transactions are in cash.

[Josy]

I can see it happening or at least tried out in certain areas, possibly larger cities

In our village theres only 1 cash machine and it stops working quite a lot so we do try to have at least some cash on us, we also have emergency cash in the safe.

I used to hate standing in line waiting for people to pay buy card, thier cards not working, the machine going down and holding everyone up etc, now I'm one of them that mostly pay by card its just really handy.

[Toy Soldier]

Funnily enough, I was in town last night and we went for chips... The scabby little town I used to work in and literally haven't set foot in since (so about 4 months) ...

The chip place's card machine wasn't working so it was cash only. I set out to get cash - went to the santander cash machine - gone . So I walked on to the RBS cashline... Also gone . Turns out there's only ONE cashline left in the whole town centre. Literally a few months ago, there were four. Seems that high Street branches are closing fast and cashlines with them so maybe we won't have any choice but to be cashless soon . There are still cashlines at the supermarkets obviously but they're all on the outskirts.

[Cherie]

Originally Posted by Toy Soldier

Funnily enough, I was in town last night and we went for chips... The scabby little town I used to work in and literally haven't set foot in since (so about 4 months) ...

The chip place's card machine wasn't working so it was cash only. I set out to get cash - went to the santander cash machine - gone . So I walked on to the RBS cashline... Also gone . Turns out there's only ONE cashline left in the whole town centre. Literally a few months ago, there were four. Seems that high Street branches are closing fast and cashlines with them so maybe we won't have any choice but to be cashless soon . There are still cashlines at the supermarkets obviously but they're all on the outskirts.

I would imagine it costs banks quite a bit to maintain these tills so its in their interest to get rid