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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

#271

Post by EE84M3i »

hbn wrote: post #257
daneel_w wrote: post #50

Earlier quoted context omitted.

> "It's usually not said out loud, but cash is often considered to be dirty and criminal ..." Are you sure this isn't impression you've gotten from isolated reactions involving a small number of individuals, perhaps just a single individual? I can't relate to the sentiment at all, having lived here for just over three decades and experiencing the popularity shift from cash to debit card. I can, in fact, not recall a…

> Murder is actually really frowned in Japan. It goes against the traditional concept of 生きる, which means "to live"

Thank you, this comment made me chuckle.

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

#272

Post by EE84M3i »

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…

>although for cards that are backed by a credit card, I think the limit is higher

I have a Suica thats integrated into a credit card, and it still has a ¥20,000 limit - the Suica balance is separate from the card balance, it just has a configurable auto top-up setting.

Interestingly, if I'm out of the Suica zone, sometimes auto top-up won't trigger. If I recall correctly this happened to me once in Fukuoka, presumably because there's some level of integration above just accepting payments that Hayakaken hasn't achieved. Never had a problem with Passmo interop though.

I've never heard of a suica with a higher limit, but it's possible they exist or that other compatible cards have higher limits.

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

#273

Post by [deleted] »

8bitsrule wrote: post #241
xmprt wrote: post #221

Earlier quoted context omitted.

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 .

[deleted]

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

#274

Post by 101008 »

mercanlIl wrote: post #217
jhbadger wrote: post #208

Earlier quoted context omitted.

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.

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

Same here in Argentina

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

#275

Post by dfxm12 »

bobthepanda wrote: post #224
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.

This is a function of geography. Where I live in Seattle, a lot of businesses simply don't handle cash at all, because break-ins for the cash register are quite expensive to deal with, and they circumvent that problem by simply posting outside the business that there is no cash. One of the few businesses near me that must take cash, a dispensary, recently had an issue where somebody tried to break in using a stolen p…

It's pretty much required to accept cash in Seattle:

https://www.seattletimes.com/seattle-news/politics/king-coun...

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

#276

Post by chihuahua »

jedberg wrote: post #228

A lot of people don't realize that our entire financial system is eventually consistent. They think that when they go to an ATM and withdraw money, it's instantly gone from their account. The reality is that in most cases the convergence is so quick it looks like it's instantly gone, but it's not. For example, if the ATM is unable to get your current balance, it will still complete the transaction. That's why your ca…

In a few places, you can see traces of this aspect of the system. For example, some gas pumps put a $150 "hold" on your card, and on your bank's web site, you may be able to see "pending" transactions that are in some not-quite-final state.

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

#277

Post by joshstrange »

jazzyjackson wrote: post #12
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…

Restaurant POCs have an offline mode. They had to ask my zip code so I suppose it just counts as a "card not present" transaction that goes through later. Does present the question of whether that data is temporarily stored unencrypted or if it's immediately encrypted to be sent to the bank when it comes online

I work for a POS company and we support offline payments. The SDK(s) we use for our card readers give us an encrypted block of data that we can store and retry when back online. We don’t support “Card Not Present” when offline, we always tokenize cards if we enter them manually (HPP) which we can’t do when offline.

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

#278

Post by bilsbie »

Sohcahtoa82 wrote: post #207
bilsbie wrote: post #81

[flagged]

How is your account 3 years old with over 7,000 and you're still asking a question like this? Certainly you'd know by now that what's acceptable to be posted here is pretty broad?

I’m not saying it’s not acceptable.

I genuinely am trying to understand what I should be getting from this. It just sounds like a report on paying for things in Sweden.

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

#280

Post by komali2 »

> “In Sweden, we pay digitally to a large degree and the use of cash is low. The general public being able to pay by card for example for food and medicines even in the event of a serious breakdown in data communication, that is offline, is a milestone in our intensified efforts to strengthen emergency preparedness”, says Governor Erik Thedéen.

I understand that it's very normal to use a CC in Sweden (and many places), but it feels grim to me that the thought towards major telecommunications breakdown is, "oh no, how will we make sure that people can keep credit card companies and banks informed that they need food and medicine if the internet is down?" I feel like "reversion" to the solved problem of offline transactions - cash payments - would be a more reasonable default assumption, and in the case of catastrophic infrastructure breakdown, simple expropriation.

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