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Offline card payments should be possible no later than 1 July 2026

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Re: Offline card payments should be possible no later than 1 July 2026

#191

Post by Multicomp »

huhtenberg wrote: post #27
mrtksn wrote: post #9

It's not about paying by cash but paying by card offline. How is this going to be implemented I wonder. On planes they often accept credit cards even when there's no internet. I assume this is a trust in-credit-based system because they don't accept debit cards, i.e. if you are worth being trusted with a card you can have your sandwich now and we will take care of the bank processing once we are on the ground. So may…

Using a card-to-card transfer of some sort of credits/units, with eventual online settlement. Using chip cards, obviously. The tech for this existed since at least mid '00s.

I mean that is what mondex was and oystercard is today. Closest we can get on the us is a prepaid refillable gift card. I Keep hoping for digital cash, no dice so far

Re: Offline card payments should be possible no later than 1 July 2026

#192

Post by boramalper »

This reminds me of Mondex:

> Mondex was a smart card electronic cash system, implemented as a stored-value card and owned by Mastercard.

> Mondex allowed users to use its electronic card as they would with cash, enabling peer-to-peer offline transfers between cards, which did not need any authorization, via Mondex ATMs, computer card readers, personal 'wallets' and specialized telephones. This offline nature of the system and other unique features made Mondex stand out from leading competitors at the time, such as Visa Cash, which was a closed system and was much closer in concept to a traditional payment cards' transactional operation.

https://en.wikipedia.org/wiki/Mondex

Re: Offline card payments should be possible no later than 1 July 2026

#193

Post by lmz »

zx8080 wrote: post #179
varispeed wrote: post #99

Earlier quoted context omitted.

> it feels less risky carrying a debit card Depends. Very long time ago I was approached by a group of seemingly friendly people asking for direction, then I felt sharp object to my belly and they told me to walk slowly towards cash point. They said they'll stab me if I don't withdraw all money I can. So I did. When cards were not popular, I would have small amount of cash in the wallet and anything more substantial…

> then I felt sharp object to my belly and they told me to walk slowly towards cash point. Wow. What country is/was that?

Any country that could get away with it? "Your money or your life" isn't exactly a novel threat.

Re: Offline card payments should be possible no later than 1 July 2026

#194

Post by OJFord »

reaperducer wrote: post #92
lostlogin wrote: post #49

Earlier quoted context omitted.

Are there people that like cheques? They are no longer a thing in New Zealand. It seems like something no-one would miss.

Are there people that like cheques? For no good reason, I keep a list of why I use checks (in the U.S.): - Charitable donations because charities maximize every penny, and electronic contributions eat into that - Paying the accountant - Good accountants make every penny count, and aren't interested in paying credit card overhead. - Tipping the paperboy at Christmas - Tipping the doorman at Christmas - Business licens…

UK perspective:

- bank transfer

- bank transfer

- cash

- cash

- direct debit

- bank transfer or PAYE

- direct debit

- standing order (recurring bank transfer)

- direct debit

- card

- ? You pay your employer what you were paid for jury service? Bank transfer I guess, but also probably illegal

- would likely be deducted on payslip (because tax & accounting implications of below market value gift) or via a third-party that would most likely accept card

- free

Re: Offline card payments should be possible no later than 1 July 2026

#195

Post by twothreeone »

freetime2 wrote: post #190

I'm not sure what they have in mind for supporting offline payments, but I think that Japan's FeliCa-based [1] electronic money systems (Suica, iD, etc) are pretty impressive. They are most typically used to pay for transportation, but also widely accepted at stores, vending machines, etc. Balances are stored on the card, and it's very fast to use and seems secure for the most part. Recently it's also available on an…

In Germany, there is the Electronic Cash (or newer versions called Girocard) which is similarly smartcard-based for the offline use case, but pairs with a regular debit card for online use [1]. Apparently, not that many people use the offline functionality.. it also has a somewhat low daily limit (though I think those are in place for some online transactions such as getting cash as well).

[1] https://en.wikipedia.org/wiki/Electronic_cash

Re: Offline card payments should be possible no later than 1 July 2026

#196

Post by mhandley »

gambiting wrote: post #142
daneel_w wrote: post #106

Earlier quoted context omitted.

Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had an outlier experience during a limited window of time in the country. Just like the parent. This isn't really representative. Add.: another poster suggested that someone had a bit of a laugh with you by saying it, which is also entirely possible. Basic joke.

I'm in the UK and I have friends who will tell you hand on heart that they have never handled a £50 note. They know they exist but they haven't had one.

And if you do get one somehow, it's really hard to spend. Many places won't accept them.

Re: Offline card payments should be possible no later than 1 July 2026

#197

Post by notahacker »

gambiting wrote: post #142
daneel_w wrote: post #106

Earlier quoted context omitted.

Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had an outlier experience during a limited window of time in the country. Just like the parent. This isn't really representative. Add.: another poster suggested that someone had a bit of a laugh with you by saying it, which is also entirely possible. Basic joke.

I'm in the UK and I have friends who will tell you hand on heart that they have never handled a £50 note. They know they exist but they haven't had one.

That's completely unrelated to the popularity of card payments though. It's a denomination that's never given out as change or by ATMs

See also: https://www.bbc.com/news/business-48993008

which as well as explaining the background to the note and debates over whether it should be taken out of circulation also points out the context the average British adult was making about 20 cash transactions a month as of 2018 (none of them involving £50 notes)

Re: Offline card payments should be possible no later than 1 July 2026

#198

Post by bobsmooth »

blurrybird wrote: post #173
daneel_w wrote: post #161

Earlier quoted context omitted.

You have to differentiate common purchases from "large" purchases in this discussion. I'm certain you don't think there's something shady going on, or tax evasion happening, if someone uses cash in the grocery store or at Pressbyrån, or to pay for some little gadget or whatever at Kjell&Co. This is what people think of when someone "uses cash". Not hauling tens of thousands to buy a used car or to settle the bill for…

FWIW I am Australian and we have a similar adoption rate of cashless payments. If a merchant tries to promote cash options I immediately think they’re doing it for tax evasion reasons - not because of the touted reason that “card payments cost more to process” (they don’t once you factor in the cost of handling cash).

>I immediately think they’re doing it for tax evasion reasons

What's your opinion on that? In NA, for small businesses it's common to offer to pay in cash to avoid paying sales tax.

Re: Offline card payments should be possible no later than 1 July 2026

#200

Post by tom_ »

gambiting wrote: post #142
daneel_w wrote: post #106

Earlier quoted context omitted.

Natives asking why someone has cash, and not even recognizing bank notes...? It sounds so absurd that I'm certain you're exaggerating wildly. If not, you've had an outlier experience during a limited window of time in the country. Just like the parent. This isn't really representative. Add.: another poster suggested that someone had a bit of a laugh with you by saying it, which is also entirely possible. Basic joke.

I'm in the UK and I have friends who will tell you hand on heart that they have never handled a £50 note. They know they exist but they haven't had one.

I've never handled a £50 note. (I am young enough that if you gave me £1 for every year I've never handled one, I wouldn't be able to afford one. But I am old enough that I could dip into my lifetime of savings to make up the difference.)

A friend's dad showed me one when I was at school - that's it. He seemed amused I hadn't seen one before, then after making a minor show of it, as if it was some precious, rare item, said he'd never previously seen one either. They've been uncommon my whole life, and apparently could/can be difficult to actually use, shop assistants being unfamiliar with them and not confident in their legitimacy.

I expect today most people would use bank transfers for the sort of sum where the sheer number of notes would make a £50 one useful.

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