31–40 of 162 posts
Earlier quoted context omitted.
For me, the answer is no, I don't care about this at all.
Would you also not care if that dataset gets leaked to the internet some day?
The US Army Corps of Engineers no longer accepts cash for campsites they manage. The US Government no longer accepts its own currency. That's where we are in the USA at least.
I'm surprised so many here seem to be fine with paying by credit card. Isn't it causing you an uncomfortable feeling, that one company gets all the data about every single thing you buy? And via this also everywhere you go and when you go there? So you are a 100% "see through" person to Apple, Google and/or Visa?
Since nobody's chimed in here from Germany yet: Germany's broadly a hold-out. Particularly a lot of restaurants, bars and clubs are still cash-only, and some smaller shops definitely prefer cash. Used cars are, interestingly, almost always cash-only. Person to person transactions (i.e. buying something you pick up in person) are almost always cash. Open air markets (produce, flea markets) are always cash. Electronic…
Yes, I agree, I was going to write the same. But to be honest, I like cash. The feeling of the cash flowing out of your hand is much more palpable than when you use a card :) In Switzerland there is a national app for sending cash to friends that is really handy and popular (TWINT)
Here in India, UPI payments are quite popular. I live in New Delhi the capital and never withdraw cash in my day to day life. The only instance where I have to withdraw cash is when I have to pay rent as my landlord accepts only cash to evade taxes. Apart from these barring very few, at least in cities everything works on digital payments. Please note that card payments are not at all popular in India and UPI is the…
this is true for the affluent class. smartphones are necessary to pay via UPI smartphones--bank accounts--aadhaar card in case of some low income workers, smartphones are not universal in case of some migrant workers (including those that come from neighboring countries in search of jobs) .. aadhaar or bank account may not be immediately available while digital payments are definitely becoming common cash is still ac…
Since nobody's chimed in here from Germany yet: Germany's broadly a hold-out. Particularly a lot of restaurants, bars and clubs are still cash-only, and some smaller shops definitely prefer cash. Used cars are, interestingly, almost always cash-only. Person to person transactions (i.e. buying something you pick up in person) are almost always cash. Open air markets (produce, flea markets) are always cash. Electronic…
Using cash, we only spend 70% of what we spend using electronic payments
Here in India, UPI payments are quite popular. I live in New Delhi the capital and never withdraw cash in my day to day life. The only instance where I have to withdraw cash is when I have to pay rent as my landlord accepts only cash to evade taxes. Apart from these barring very few, at least in cities everything works on digital payments. Please note that card payments are not at all popular in India and UPI is the…
this is true for the affluent class. smartphones are necessary to pay via UPI smartphones--bank accounts--aadhaar card in case of some low income workers, smartphones are not universal in case of some migrant workers (including those that come from neighboring countries in search of jobs) .. aadhaar or bank account may not be immediately available while digital payments are definitely becoming common cash is still ac…
Cash creates a problem of giving change that end up dissatisfying the customer or the customer just leaves. Only after UPI people understood this so now they want you to buy it as payments are not a hassle. Rickshaws in cities have lost interest in random hires. I have waited 45 minutes for rickshaws. Everyone is on Uber or Ola cause they will show up and say cancel the request and give me little less money instead. Pretty common. So they don’t have the option to say no to UPI. They try to give you reasons why it’s not working but they just want cash for obvious reasons.
UPI also allows people to have multiple accounts in family to accept payments. This way they can avoid any tax payments as small amounts in small villages are not scrutinised by the income tax department.
UPI has created more and easier transactions. Small village or big town, I’ve never seen a shop without a QR code in the last year or so.
Norway. More than 90% av all payments are done electronically, per 2021.[0] [0] https://www.norges-bank.no/bankplassen/arkiv/2021/husholdnin...
We have rules saying that accepting cash as payment is "mandatory", but the way the rule is written makes it so that it's only mandatory for settling debt. Aka the service is already rendered, and now you need to pay, you can demand to use cash. But when the service isn't rendered yet, a store could claim that they only sell to people using card, for instance.
In general, I simply use a card (phone), and have used over the past N years in Poland, Denmark, and Cyprus.