41–50 of 190 posts
It isn't down. I work for a large e-commerce company and we're seeing ~10% decline rates, at most, on VISA cards only, and that's intermittent. Overall average decline rate is more like 1-3% when you factor in the intermittentness of it. Still not great, but not PAYMENT CHAOS and not a CRASH OF THE VISA NETWORK.
Earlier quoted context omitted.
At least to me, the fact this happens on a Friday evening suggests it's deliberate, precisely because nobody with any sense would deploy something on a Friday unless it's an emergency.
Maybe someone forgot the golden rule: fire people on Monday mornings. Never on Fridays.
Luckily, credit cards are really a second tier payment system in most of the EU. Country-specific (debit) cards and the international Maestro payment system are the primary way to pay, along with cash. Apart from online shopping, of course. But even there, you usually have other viable payment options. So it's probably not all that much chaos...
What was that whole thing about a "cashless society" again? What happens when a major rival actually attacks your cashless society?
What was that whole thing about a "cashless society" again? What happens when a major rival actually attacks your cashless society?
Yeah i don't know why people are downvoting you. A new Carrington event, which is actually long overdue, or an unexpected cyber attack from China which i also don't find impossible to imagine in the next decades and society is at an absolute standstill. Off course more important problems would probably arise before. But reflecting on the sustainability of microchip-society in times of outage is healthy. Crash, Bang a…
What was that whole thing about a "cashless society" again? What happens when a major rival actually attacks your cashless society?
And in this type of event, there probably isn't a local bitcoin chugger able to mine u a coin or verify a transaction.
Earlier quoted context omitted.
The european debit card systems are not comparable with how it works in the US. In the US I will use credit cards, because that is the better system down there. Over here in Europe, I'll hardly ever use a credit card. So yes, luckily.
This is not true for all of Europe. Here in the UK everything works through Visa/Mastercard, whether it's your credit card or your normal "bank card" (debit card). I really miss this system every time I go back to continental Europe and suddenly have to carry around huge amounts of cash with me. Because nobody accepts cards, and even if they do it's usually only Maestro etc.
But yeah for other stores and restaurants, better have cash.
Earlier quoted context omitted.
Maybe someone forgot the golden rule: fire people on Monday mornings. Never on Fridays.
I thought the MBA handbook said you were supposed to fire them on Friday to minimize the chance they go rogue?
That random site happens to agree with my kind of thinking, so I copied that content in here:
"Fire on Mondays. This lets dismissed workers start looking for a job right away.
Make job offers on Thursdays. If candidates need time to think, you can give them one extra day. If you give them the whole weekend, they may find another offer.
Give good job reviews on Fridays. It sets the mood for a good weekend, which can be a reward in itself. It also prevents satisfied workers from "kicking back" for the rest of the week.
Give poor job reviews on Mondays. This provides employees time to work out improvements during the week, instead of stewing about them all weekend."