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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

#241

Post by 8bitsrule »

xmprt wrote: post #221
ajsnigrutin wrote: post #218

Earlier quoted context omitted.

But they already have all this, there are very few merchants that don't actually accept cash at all.

If a significant amount of your business is cash based then the risk is much higher. If you're doing $100 worth of cash transactions per day then your registers and safe probably don't have much and you can probably get away with weekly or even monthly deposits. Whereas if you're dealing with $1000s in cash then you probably want to deposit daily, need a lot more security around your register and safe, and probably h…

I've lived in Seattle for decades, and have -never- found a business that would not accept cash. If I -had- I would have set down my prospective purchase and walked out the door with a promise never to return.

Apart from a transit card (all the mass transit also takes cash ... no fee added), I'm not going to pay to feed the surveillance machine.

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

#242

Post by smegger001 »

jhbadger wrote: post #208
tdeck wrote: post #182

Earlier quoted context omitted.

I think the same thing in the US about small businesses that only take cash, but it's still pretty normal to use cash in the US.

People forget that the credit card companies charge businesses to process transactions. Some stores/restaurants even give discounts for paying in cash because of this.

I know its not uncommon at small business to ad a surcharge for using cards on purchases below a certain dollar value rather than a discount for cash.

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

#243

Post by derefr »

daneel_w wrote: post #161
renhanxue wrote: post #152

Earlier quoted context omitted.

I'm Swedish and if someone insists on doing a transaction using cash when Swish or card is available, I'd immediately start to wonder if it's for some kind of more or less shady reason, probably tax evasion at the very least.

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…

I think they're talking about when merchants insist that you give them cash ("cash only"), not when buyers insist on giving cash. The usual assumption is that if e.g. a street-food cart is cash-only, it's not because they can't accept cards (it's rather trivial nowadays) but rather that 1. they don't want to pay the interchange fees, and more importantly, 2. they want to be able to cook their books when reporting revenue.

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

#244

Post by pests »

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…

I took a Spirit about a year or two and accidentally gave them an old card for payment. They didn’t bill til a day after landing and it got denied. I settled it on a later flight but they definitely lose some money from this.

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

#245

Post by derefr »

arachnid92 wrote: post #237
ajsnigrutin wrote: post #220

Earlier quoted context omitted.

So do you like always take split bills for everything? Like when eg. 4 coworkers go to eat together (ie. not a situation where one person pays everything)? Over here in the balkans/mitteleuropa you just put some approximate amount of cash on the table. Same for kids, you're not giving a kid your credit card when you send him to a bakery to get bread, you give him a couple of euros in cash.

In that situation either (1) someone will pay for everyone at the table and then everyone else will “Swish” (the name of the local money transfer app) them their respective share of the total bill; or (2) they’ll just ask the server to split the bill and each person pays for their part. Both are actually quite common, and having lived many years in Sweden, I’ve never eaten at a restaurant where asking the server to s…

Or, if it's a group that goes out together often and doesn't vary their orders much (in terms of order-of-magnitude of spend), then this will sometimes evolve into a rotation on one person picking up the tab each time.

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

#246

Post by phil21 »

gnabgib wrote: post #233
normie3000 wrote: post #227

Earlier quoted context omitted.

Where is NA?

Mexico + USA + Canada.. North America It's also not common (and illegal).. this account posts a lot of vague platitudes.

It’s quite common in the US everywhere I’ve lived. Every tradesman I’ve used outside of large companies will offer a large discount for cash if you ask about it. They will likely not be the first to initiate though at a certain level of customer, since the social expectations change at a certain level of wealth.

This is almost always in a portion of the invoice written up at around half the agreed amount, and the rest in cash. Or for smaller jobs just on the side with no paperwork involved outside of a firm handshake.

This is the norm for the lower end of the trades. If you’re dealing with a single owner company with a few employees I’d be very surprised if they would not be willing.

Yeah, once you get into “real companies” that are charging upper middle class rates on million dollar properties it changes.

I haven’t had trades work done in Mexico, but considering all my visits were effectively cash only transactions I’d be pretty surprised if it wasn’t at least as common as in the US.

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

#247

Post by z0r »

jayknight wrote: post #232
mercanlIl wrote: post #217

Earlier quoted context omitted.

IME (in Canada), the cash discount is surprisingly close to 15%, which is approximately the sales tax in most provinces.

Here in the deep (American) South, small businesses give discounts for cash because those global elites are trying to take away our cash and want to track us or whatever. To that mindset, cash is a way to resist a theoretical oppression.

They're right :) even if it isn't a conspiracy, that's what will happen because it will be convenient and easy.

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

#248

Post by toast0 »

SpicyUme wrote: post #80
cowsandmilk wrote: post #68

Earlier quoted context omitted.

Wikipedia claims they aren’t being used in the 2020’s, but I’ve still seen stores in the past year pull them out when the internet is down.

I'm trying to think the last time I saw one in use, last year or a couple years ago when there were large scale power outages. Of course the newer cards lack raised digits so I'm not sure how well they worked for keeping business moving. I had cash.

As I recall, the slips do have a spot where you can just write the numbers down. But widespread lack of raised numbers makes them hard to use. I think all my cards have been reissued flat by now.

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

#249

Post by dudeWithAMood »

coldblues wrote: post #230

Every time I see posts like these related to fiat, my heart sinks. Despite pro privacy sentiments across the site, there is a concerning amount of people who have not only fallen to the trap of convenience, but even consider cash use suspicious or criminal (the morality of tax evasion is a whole different subject, the places where it's most popular often coincides with a corrupt, inefficient government). Soon, cash u…

How are you going to make offline crypto payments?

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

#250

Post by Reason077 »

EMV chip & pin cards have always been capable of offline payments.

In the UK this has definitely worked in the past - I remember many years ago there being occasions when something was wrong with the network connection(?) at my local supermarket, but still being able to make a payment in offline mode. This works because the payment terminal authenticates the PIN directly with the chip on the card. They just can't check your balance is sufficient to pay for what you're purchasing.

TfL also accepts your contactless card in offline mode: their buses operate in tunnels and other areas with a poor mobile data signal, but cards are still accepted at all times.

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