Canada 'sleepwalking' into cashless society, consumer advocates warn

Post by catlikesshrimp » Sun, Jun 30, 2024, 8:18 PM UTC

snakeyjake wrote: post #173

chihuahua wrote: post #52

Earlier quoted context omitted.

For credit cards, my access can be disabled when the two networks are coerced into blacklisting me. For cash, the imaginary evil powers would have to convince tens of thousands of individual stores to do the same. And even then, it would be impossible to enforce, because with a cash payment, there is no record that could be checked to enforce compliance.

> For cash, the imaginary evil powers would have to convince tens of thousands of individual stores to do the same. You seem to be implying that this is somewhat unlikely. History is full of this exact thing happening. Recent history. Until the 1970s in the US it was legal, and common, for businesses to refuse to do business with a woman without a male's permission. There were only a precious few municipalities where…

Post by NeoTar » Sun, Jun 30, 2024, 8:20 PM UTC

somerandomqaguy wrote: post #156

pelorat wrote: post #67

> Payments Canada, found that a majority of respondents were worried about the prospect of cashless stores and want to maintain the option to use cash — which is free from bank fees I mean, that is the problem right there. We don't generally have that problem in Europe because we don't rely on credit cards. Here's there no extra fee for using Apple Pay or Google Wallet. Pay with cash, your card, NFC... it's all the s…

Not credit card fees, bank fees. Almost every bank account in Canada has some sort of monthly service fees associated with them. You need to have a considerable amount of wealth accumulated in order for those fees to be waived. If my understanding of how Europeans bank is correct, such fees aren't as common.

Post by adamiscool8 » Sun, Jun 30, 2024, 8:21 PM UTC

nick_ wrote: post #176

adamiscool8 wrote: post #164

Earlier quoted context omitted.

Sure, and at first the Canadian government didn't force indigenous children into residential schools - it just withheld resources and services and used a monopoly on violence to make resistance untenable. Believing that's acceptable behaviour from your government, is certainly... a position.

[flagged]

Post by catlikesshrimp » Sun, Jun 30, 2024, 8:22 PM UTC

ryandrake wrote: post #135

zzo38computer wrote: post #40

Earlier quoted context omitted.

If I am alone, I will still pay in cash (I will make sure to take as much money with me as I need or more). If I am going with someone else (which is more common), usually they will want to pay with a credit card (although I can still pay directly with cash, e.g. in case they do not have a credit card either or if they want me to pay for my own food instead), and if they want me to pay them back then I will.

As someone who doesn't use cash much, I'm curious about what happens when you enjoy some service like a restaurant, where you don't know that they don't take cash until you're done and they are waiting for you to pay? If they only take credit cards, and all you have is cash, what then? Return your food from your stomach? Surely they'd rather take your cash than have you walk out without paying. So at the end of they…

Post by gmokki » Sun, Jun 30, 2024, 8:26 PM UTC

notatoad wrote: post #166

gary_0 wrote: post #136

Earlier quoted context omitted.

The dual-network cards are Visa/Mastercard "debit" cards, which look like a credit card but sometimes don't work like one. I never had a problem with my dual-network card when physically visiting the States, but for whatever reason, some online payment systems (especially ones in Canada) have trouble with it. And vendors are clueless as to what the problem is when the debit CC number fails to go through. Just recentl…

>some online payment systems (especially ones in Canada) have trouble with it. it's not really anything technical that they "have trouble with", most gateways launched visa debit as an "opt-in" payment method for existing merchants, so if the merchant did not specifically enable it it never got enabled. newer merchant accounts have it enabled by default, so this should sort of work itself out over time. but yes, i do…