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Canada 'sleepwalking' into cashless society, consumer advocates warn

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Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#32

[flagged]

It's often pretty hard to do public protest without breaking some kind of law, even if you do everything you're supposed to.

I'm not a fan of the truckers (the loud horns were totally infuriating) but the fundamental problem was that the police didn't want to move them on, not that they were breaking the law.

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#33
post #16

I really hate paying by credit card (I don't like asking the bank for permission to spend my own money), but it's so convenient that I can't bring myself to carry cash any more. I have a really nice small wallet that I can store a few notes in, but I need a compartment for That's literally the entire reason I pay by card nowadays, I just don't like carrying coins.

I do not have any credit cards, and I prefer to deal with cash as much as possible. When I am going out to buy something, I will take the money with me; I am OK with carrying coins. Even if anonymous payment is available, I will still prefer to deal with cash.

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#34
post #16

I really hate paying by credit card (I don't like asking the bank for permission to spend my own money), but it's so convenient that I can't bring myself to carry cash any more. I have a really nice small wallet that I can store a few notes in, but I need a compartment for That's literally the entire reason I pay by card nowadays, I just don't like carrying coins.

I hate it too and limit my credit card to use to online transactions because of the fraud protections.

That's good, I'm going to switch to cash from now on. I think a bit of inconvenience isn't a huge price to pay for a vote for autonomy.

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#35
post #16

I really hate paying by credit card (I don't like asking the bank for permission to spend my own money), but it's so convenient that I can't bring myself to carry cash any more. I have a really nice small wallet that I can store a few notes in, but I need a compartment for That's literally the entire reason I pay by card nowadays, I just don't like carrying coins.

I do not have any credit cards, and I prefer to deal with cash as much as possible. When I am going out to buy something, I will take the money with me; I am OK with carrying coins. Even if anonymous payment is available, I will still prefer to deal with cash.

What do you do when you go out to a restaurant, café, pub, etc?

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#38

Governments really need to break the Visa and Mastercard Duopoly. Not mentioned in this article, but certainly related, was the Canadian governments unprecedented step to freeze hundreds of bank accounts of protestors during COVID protests using their Emergencies Act. While I couldn't be more politically removed from the protestors, using a legislative power envisioned for war like conditions to personally ruin prote…

Canada's credit cards work on Visa, MasterCard, or Amex networks. However, debit cards work on a domestic network called Interac. About half of card transactions in Canada are debit card transactions.

https://payments.ca/sites/default/files/PaymentsCanada_Canad... page 7

EDIT: In the past few years, many Canadian banks have started issuing dual-network debit cards that bear both Visa and Interac logos (sometimes MasterCard and Interac). These cards use the Interac network in Canada, but can also be used online and abroad using the second network. I just wanted to mention it for people who may be curious about the apparent shift in debit card networks.

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#39

The bad feeling I get from cashless is "what if some future political conflict will lower the status of my ethnicity to such a low position, so I'll be denied buying food and nobody will care?" or some similar scenario.

> The bad feeling I get from cashless is "what if some future political conflict will lower the status of my ethnicity to such a low position, so I'll be denied buying food and nobody will care?" or some similar scenario.

I don't mean to be obtuse, but how would cash solve this? If someone is bigoted against you and won't take cash from you, or marks up the price or engages in some other less obvious manipulation, and you're not in a position to rely on law enforcement, then what can you do about it?

Re: Canada 'sleepwalking' into cashless society, consumer advocates warn

#40
post #35

Earlier quoted context omitted.

I do not have any credit cards, and I prefer to deal with cash as much as possible. When I am going out to buy something, I will take the money with me; I am OK with carrying coins. Even if anonymous payment is available, I will still prefer to deal with cash.

What do you do when you go out to a restaurant, café, pub, etc?

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.
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