Wordle - daily game
- NoEnzLefttoSplit - Mar 11, 2025 - 1:15am
What to do . . .
- oldviolin - Mar 10, 2025 - 10:35pm
What is the meaning of this?
- oldviolin - Mar 10, 2025 - 10:29pm
NYTimes Connections
- geoff_morphini - Mar 10, 2025 - 10:25pm
NY Times Strands
- geoff_morphini - Mar 10, 2025 - 10:24pm
Lyrics That Remind You of Someone
- oldviolin - Mar 10, 2025 - 9:07pm
• • • The Once-a-Day • • •
- oldviolin - Mar 10, 2025 - 9:02pm
Mixtape Culture Club
- Lazy8 - Mar 10, 2025 - 8:56pm
Live Music
- oldviolin - Mar 10, 2025 - 8:37pm
Country Up The Bumpkin
- oldviolin - Mar 10, 2025 - 8:02pm
Democratic Party
- R_P - Mar 10, 2025 - 6:44pm
Musky Mythology
- R_P - Mar 10, 2025 - 6:15pm
USA! USA! USA!
- R_P - Mar 10, 2025 - 5:55pm
BUG: My Favourites Mix not Playing in MQA Quality on Blue...
- aladdinsane - Mar 10, 2025 - 4:46pm
Lyrics that strike a chord today...
- buddy - Mar 10, 2025 - 4:29pm
Breaking News
- buddy - Mar 10, 2025 - 4:24pm
Baseball, anyone?
- kcar - Mar 10, 2025 - 4:17pm
Things You Thought Today
- KurtfromLaQuinta - Mar 10, 2025 - 3:41pm
Song of the Day
- oldviolin - Mar 10, 2025 - 3:15pm
Pernicious Pious Proclivities Particularized Prodigiously
- Red_Dragon - Mar 10, 2025 - 2:29pm
Climate Change
- R_P - Mar 10, 2025 - 12:23pm
Bug Reports & Feature Requests
- ScottFromWyoming - Mar 10, 2025 - 10:59am
Ukraine
- VV - Mar 10, 2025 - 10:47am
Syria
- R_P - Mar 10, 2025 - 9:42am
Radio Paradise Comments
- buddy - Mar 10, 2025 - 9:27am
Trump
- islander - Mar 10, 2025 - 6:54am
March 2025 Photo Theme - Three
- Isabeau - Mar 10, 2025 - 6:34am
KFAT
- oldviolin - Mar 9, 2025 - 4:13pm
Today in History
- Red_Dragon - Mar 9, 2025 - 3:48pm
New Music
- R_P - Mar 9, 2025 - 3:01pm
Outstanding Covers
- Steely_D - Mar 9, 2025 - 2:55pm
Framed - movie guessing game
- geoff_morphini - Mar 9, 2025 - 12:36pm
Strips, cartoons, illustrations
- R_P - Mar 9, 2025 - 12:07pm
Eversolo DMP-A6 streamer and RP?
- quesarah - Mar 9, 2025 - 10:49am
Israel
- R_P - Mar 9, 2025 - 10:26am
Name My Band
- GeneP59 - Mar 9, 2025 - 8:35am
Options for voice-controlled RP listening
- mtngrrl - Mar 9, 2025 - 7:27am
Buddy's Haven
- oldviolin - Mar 8, 2025 - 8:17pm
Song from the TV series
- buddy - Mar 8, 2025 - 6:40pm
Songs with a Groove
- buddy - Mar 8, 2025 - 6:34pm
Magic Eye optical Illusions
- oldviolin - Mar 8, 2025 - 6:23pm
Sweet horrible irony.
- oldviolin - Mar 8, 2025 - 3:39pm
President(s) Musk/Trump
- Red_Dragon - Mar 8, 2025 - 2:50pm
International Women's Day (March 8)
- R_P - Mar 8, 2025 - 1:30pm
Your Current Crush
- KurtfromLaQuinta - Mar 8, 2025 - 10:53am
Canada
- Peyote - Mar 7, 2025 - 8:38pm
Anti-War
- R_P - Mar 7, 2025 - 6:45pm
• • • What's For Dinner ? • • •
- Manbird - Mar 7, 2025 - 6:27pm
(Big) Media Watch
- R_P - Mar 7, 2025 - 2:21pm
Music Videos
- black321 - Mar 7, 2025 - 7:20am
Republican Party
- black321 - Mar 7, 2025 - 6:52am
Little known information... maybe even facts
- black321 - Mar 7, 2025 - 6:50am
Taxes, Taxes, Taxes (and Taxes)
- haresfur - Mar 7, 2025 - 6:06am
THREE WORDS
- oldviolin - Mar 6, 2025 - 11:04am
The Obituary Page
- Red_Dragon - Mar 6, 2025 - 10:31am
Tech & Science
- GeneP59 - Mar 6, 2025 - 8:12am
What Did You See Today?
- GeneP59 - Mar 6, 2025 - 8:08am
What Makes You Sad?
- Isabeau - Mar 6, 2025 - 5:39am
Photography Forum - Your Own Photos
- Isabeau - Mar 6, 2025 - 5:33am
Regarding cats
- Isabeau - Mar 6, 2025 - 5:30am
Graphs, Charts & Maps
- Manbird - Mar 5, 2025 - 6:16pm
Talk Behind Their Backs Forum
- winter - Mar 5, 2025 - 4:03pm
how do you feel right now?
- islander - Mar 5, 2025 - 3:11pm
Vinyl Only Spin List
- R_P - Mar 5, 2025 - 1:53pm
What makes you smile?
- oldviolin - Mar 5, 2025 - 12:35pm
Red, White, & Blue
- R_P - Mar 5, 2025 - 11:43am
SS United States
- rgio - Mar 5, 2025 - 9:39am
Sunrise, Sunset
- KurtfromLaQuinta - Mar 5, 2025 - 7:42am
Economix
- rgio - Mar 5, 2025 - 7:05am
Artificial Intelligence
- R_P - Mar 4, 2025 - 4:52pm
Main Mix Playlist
- KurtfromLaQuinta - Mar 4, 2025 - 4:26pm
Mardi Gras, mon cher!
- Steely_D - Mar 4, 2025 - 4:24pm
Billionaires
- Steely_D - Mar 4, 2025 - 3:17pm
Upcoming concerts or shows you can't wait to see
- ScottFromWyoming - Mar 4, 2025 - 3:05pm
All Dogs Go To Heaven - Dog Pix
- islander - Mar 4, 2025 - 2:50pm
|
Index »
Entertainment »
TV »
Is Cash Socially Unacceptable?
|
Page: 1, 2, 3, 4, 5, 6, 7, 8 Next |
GeneP59

Location: On the edge of tomorrow looking back at Gender:  
|
Posted:
Jul 18, 2017 - 9:19am |
|
islander wrote: I'm astonished at how fast the rewards pile up when you use the card for just about everything. Also convenient for tracking spending if you have a good card. I just pay the full balance every month and get free benefits. I do try to avoid it for small purchases with local vendors so they don't get stuck with the fees, but otherwise - charge it.
Oh yah a zero balance is the only way I go now a day. Just got my portable solar panels for free off Amazon using my MC points. And if I do online purchases I try to use PayPal if possible for the added securit.
|
|
islander

Location: West coast somewhere Gender:  
|
Posted:
Jul 18, 2017 - 9:10am |
|
GeneP59 wrote:I pay with cash most of the time so the man can't track me and the Russians can't steal my ID. Only large purchases get my MC outa my wallet for rewards. ð And I do 50/50 on doing my bill payments where some places need me to write a check.  I'm astonished at how fast the rewards pile up when you use the card for just about everything. Also convenient for tracking spending if you have a good card. I just pay the full balance every month and get free benefits. I do try to avoid it for small purchases with local vendors so they don't get stuck with the fees, but otherwise - charge it.
|
|
GeneP59

Location: On the edge of tomorrow looking back at Gender:  
|
Posted:
Jul 18, 2017 - 9:07am |
|
I pay with cash most of the time so the man can't track me and the Russians can't steal my ID. Only large purchases get my MC outa my wallet for rewards. ð And I do 50/50 on doing my bill payments where some places need me to write a check.
|
|
islander

Location: West coast somewhere Gender:  
|
Posted:
Jul 17, 2017 - 10:13am |
|
Proclivities wrote: That is something I will never miss - spending 40-70% of my lunch break time standing in a long line, then having to wolf down some food while scurrying back to the job.
And automated online bill paying - get an e-mail, click to confirm beats sitting down with a pile of paper anyday.
|
|
Proclivities

Location: Paris of the Piedmont Gender:  
|
Posted:
Jul 17, 2017 - 10:08am |
|
SeriousLee wrote: I miss the days of having to go to the bank to cash/deposit my paycheque.
That is something I will never miss - spending 40-70% of my lunch break time standing in a long line, then having to wolf down some food while scurrying back to the job. Visa's "war" on cash is pretty bizarre; I would assume the large majority of restaurant patrons pay with a credit or debit card these days anyhow, at least if it's for more than one guest - I suppose Visa wants more business.
|
|
SeriousLee

Location: Dans l'milieu d'deux milles livres 
|
Posted:
Jul 15, 2017 - 5:32am |
|
kurtster wrote: I miss the days of having to go to the bank to cash/deposit my paycheque.
|
|
kurtster

Location: where fear is not a virtue Gender:  
|
Posted:
Jul 15, 2017 - 4:47am |
|
kurtster wrote: Nov 2, 2006 Has anyone seen the latest Visa commercial? It shows a cafeteria or deli at lunchtime. Every operation has been perfectly choreographed so everyone gets what they want without even thinking about it. It is a text book illustration of our instant gratification society.
Everything is humming along in perfect harmony, people are sliding their Visa card, moving through the line at peak efficiency until some poor soul whips out cash. Then everything comes to a screeching halt because this guy wants to use cash. People crash into each other, food flies into messy piles. Everyone in the store looks at this guy with disgust for daring to use cash. Once he is given his change everything speeds up again to the happy Visa ending.
For at least the past ten ten years, I have been jokingly asking cashiers if they still accept cash just to be silly and break the tension after waiting in line behind check writers without ID and others using various forms of plastic with great difficulty because of their inability to figure out the card readers.
I guess it has gone from a silly question to a serious one. Is cash coming to an end? There are now some places of employment that require you to take your pay in the form of direct deposit,no more checks. I know for fact that the Great State of Ohio now only pays by direct deposit or will load up a Visa debit card to pay you, anything from wages to unemployment benefits.
Do y'all remember on 9/11 trying to use plastic to buy gas or groceries? You couldn't because the servers in the towers were destroyed. How about during the last east coast power outage? How about the poor people in N.O. after Katrina when their banks were destroyed? Everyone in Calif is told to keep X amount of cash on hand in case of the big one.
The can is open. Conspiracy, coincidence, or whatever. Without cash, the ability to remain anonymous is greatly impaired. Is this another attempt or effort to take away another freedom?
I see this as a blatant attempt to stigmatize the use of cash. Am I paranoid and should I trust in the fact that cash is becoming passe? Or am I on to something? Let's hear about it!!!
This is the first thread I ever started. Here we are a little more than 10 years later and ... Visa declares war on cashand more local info ...
|
|
aflanigan

Location: At Sea Gender:  
|
Posted:
Jan 23, 2015 - 7:16am |
|
Why, of course he is.
|
|
Coaxial

Location: Comfortably numb in So Texas Gender:  
|
Posted:
Jan 23, 2015 - 6:45am |
|
No, because, like, the people who, like, work places, like, have to make, like, change and shit and ,like, math is hard.
|
|
Proclivities

Location: Paris of the Piedmont Gender:  
|
Posted:
Jan 23, 2015 - 6:40am |
|
|
|
ScottN

Location: Half inch above the K/T boundary Gender:  
|
Posted:
May 20, 2012 - 12:44pm |
|
ScottFromWyoming wrote:At our coffeehouse ca 1997 we took any check any time and no plastic. The fees and headache back then were enormous, and the fact is, most of our checks were for less than $5. We probably ate less than $10 a year (altho we did have to take some of them to the bank several times... we didn't put them in the deposit, we just asked if the check would clear. In one case we sent the NSF check to a college kid's home address that was on the check... Mom & Dad directed Jr. to come in and buy that check back  ). Now I would do it just the opposite: no checks, all plastic. Of course if someone had no plastic and no cash, I'd still take a check, or hell, float 'em until payday. A few people would abuse our good nature that way but more often than not they got their quarters out of the sofa the next time. Re: Cash, it's just easier to mis-handle it. If I was not there, I'd sleep easier knowing there wasn't a high school kid handling my income... And I would absolutely definitely have gift cards for the shop. 15 years ago we did the prepaid punch cards, which had a little bonus built into them. Parents could pay $20, the card had $22 worth of punches on it and they or their kids could stay on a budget that way... or at least the kids weren't spending it at the arcade. I think you have to build a little premium into those since you can't spend the money other places, but by the same token, I roughly calculated (didn't track them close enough to know) that we had $8000 unclaimed punches when we sold... A short comment CC costs, especially on small transactions, are a huge benefit to banks, and a huge burden on the economy (except for said banks) and constitute, in effect, an invisible tax. You can lose a CC and have a world of hurt. Or don't lose it, as happened to me, and have visa call me up and ask "did you just fill your gas tank in France?" True story from about ten weeks ago. Minor episode of ID theft. I was not charged, but some entity lost money on that transaction, probably the bank, and you can bet that fraud cost is analyzed and is built into the business person's cost to provide cc service.. Yes, I know you can lose cash too, but $50 compared to to $5 and a wallet full of cc's? I think it is reasonable to have a few dollars cash, say up to $50, for small purchases. I completely agree cc's have their place and are very useful. It is the small to very small transactions with which I take issue.
|
|
oldviolin

Location: esse quam videri Gender:  
|
Posted:
May 20, 2012 - 12:21pm |
|
|
|
ScottFromWyoming

Location: Powell Gender:  
|
Posted:
May 20, 2012 - 12:12pm |
|
At our coffeehouse ca 1997 we took any check any time and no plastic. The fees and headache back then were enormous, and the fact is, most of our checks were for less than $5. We probably ate less than $10 a year (altho we did have to take some of them to the bank several times... we didn't put them in the deposit, we just asked if the check would clear. In one case we sent the NSF check to a college kid's home address that was on the check... Mom & Dad directed Jr. to come in and buy that check back  ). Now I would do it just the opposite: no checks, all plastic. Of course if someone had no plastic and no cash, I'd still take a check, or hell, float 'em until payday. A few people would abuse our good nature that way but more often than not they got their quarters out of the sofa the next time. Re: Cash, it's just easier to mis-handle it. If I was not there, I'd sleep easier knowing there wasn't a high school kid handling my income... And I would absolutely definitely have gift cards for the shop. 15 years ago we did the prepaid punch cards, which had a little bonus built into them. Parents could pay $20, the card had $22 worth of punches on it and they or their kids could stay on a budget that way... or at least the kids weren't spending it at the arcade. I think you have to build a little premium into those since you can't spend the money other places, but by the same token, I roughly calculated (didn't track them close enough to know) that we had $8000 unclaimed punches when we sold...
|
|
winter

Location: in exile, as always Gender:  
|
Posted:
May 20, 2012 - 10:49am |
|
ScottN wrote: islander wrote: The swipe systems is a flat 2.75%, which is better than the standard credit card merchant deals. The merchant fees usually start at $0.25 / transaction + a percentage of the charge that varies based on all kinds of factors (most out of control of the merchant).
This is why a lot of small shops try to enforce the minimum charge - if you buy something for a dollar using a card, it can cost them up to $0.30 just to make the transaction. If their margin is less than 30% they are losing money on the sale.
Businesses, especially small businesses, are charged based on volume, average transaction amount and number of, and especially credit rating and history of charge backs. It is not, for me anyway, a flat fee, swiped or manual (phone order). I have shopped around, and again, for me, find the CC clearinghouse rules similar to each other, and the rates higher than you state and variable. I dunno, maybe I am not shopping around enough? I can tell you that in my experience, these rates can vary, are dynamic, and buried deep in the contract somewhere is the bank's right to change, terminate or otherwise modify the agreement at any time. No doubt Delta Airlines, say, pays a much smaller discount rate and transaction fee than does your local "massage parlor".  I think Islander's referring to Swipe - see SFW's post below, not swiping. Although I wonder what fees Swipe pays the banks and associations on their end?
|
|
ScottN

Location: Half inch above the K/T boundary Gender:  
|
Posted:
May 20, 2012 - 10:45am |
|
islander wrote: The swipe systems is a flat 2.75%, which is better than the standard credit card merchant deals. The merchant fees usually start at $0.25 / transaction + a percentage of the charge that varies based on all kinds of factors (most out of control of the merchant).
This is why a lot of small shops try to enforce the minimum charge - if you buy something for a dollar using a card, it can cost them up to $0.30 just to make the transaction. If their margin is less than 30% they are losing money on the sale.
Businesses, especially small businesses, are charged based on volume, average transaction amount and number of, and especially credit rating and history of charge backs. It is not, for me anyway, a flat fee, swiped or manual (phone order). I have shopped around, and again, for me, find the CC clearinghouse rules similar to each other, and the rates higher than you state and variable. I dunno, maybe I am not shopping around enough? I can tell you that in my experience, these rates can vary, are dynamic, and buried deep in the contract somewhere is the bank's right to change, terminate or otherwise modify the agreement at any time. No doubt Delta Airlines, say, pays a much smaller discount rate and transaction fee than does your local "massage parlor".  Edit: I particularly feel that , saying again, the "plastic money" concept is the most successful marketing effort ever seen (or experienced). Carry a few bucks, People!
|
|
kurtster

Location: where fear is not a virtue Gender:  
|
Posted:
May 20, 2012 - 10:20am |
|
islander wrote: The swipe systems is a flat 2.75%, which is better than the standard credit card merchant deals. The merchant fees usually start at $0.25 / transaction + a percentage of the charge that varies based on all kinds of factors (most out of control of the merchant).
This is why a lot of small shops try to enforce the minimum charge - if you buy something for a dollar using a card, it can cost them up to $0.30 just to make the transaction. If their margin is less than 30% they are losing money on the sale.
Back in the day when I managed a Thrifty Rent A Car, I learned about the vayring fees. This was before card readers I might add. There were floor limits before requiring authorizations. Each card had its own trans % fee. Visa and MC were the lowest followed by Disc (which was new) to Amex at 4.25% and Diners Club and Carte Blanche which were 6% per. We had a lot of DOD rentals and most all .gov cards were DC. It hurt but we were the gov's primary car rental preference. Fees are also based upon the size of the average transaction.
|
|
islander

Location: West coast somewhere Gender:  
|
Posted:
May 20, 2012 - 10:03am |
|
ScottN wrote: winter wrote: Yeah, they'd get busted for that. I get why they do it, but it won't fly with the associations - they see cash and checks as their competitors, and they are pretty strict about enforcing the "same as cash" part of the contract.
And that "same as cash" when a fee is imposed for using the card should be changed, imo. I am a small businessman. I have and use a credit/debit card clearing house. It is a major expense for me. I believe people who pay cash are entitled to a discount. It steams me when, as I saw the other day, someone "swipe" for NINETY cents! The only profit there was for the bank. The "plastic money" concept may be the most successful marketing effort of all time. I advocate carrying a modest amount of cash and use that for purchases under, say, $25. Checks are still fine too (when they don't bounce!). The swipe systems is a flat 2.75%, which is better than the standard credit card merchant deals. The merchant fees usually start at $0.25 / transaction + a percentage of the charge that varies based on all kinds of factors (most out of control of the merchant). This is why a lot of small shops try to enforce the minimum charge - if you buy something for a dollar using a card, it can cost them up to $0.30 just to make the transaction. If their margin is less than 30% they are losing money on the sale.
|
|
winter

Location: in exile, as always Gender:  
|
Posted:
May 20, 2012 - 10:02am |
|
ScottN wrote: winter wrote: Yeah, they'd get busted for that. I get why they do it, but it won't fly with the associations - they see cash and checks as their competitors, and they are pretty strict about enforcing the "same as cash" part of the contract.
And that "same as cash" when a fee is imposed for using the card should be changed, imo. I am a small businessman. I have and use a credit/debit card clearing house. It is a major expense for me. I believe people who pay cash are entitled to a discount. It steams me when, as I saw the other day, someone "swipe" for NINETY cents! The only profit there was for the bank. The "plastic money" concept may be the most successful marketing effort of all time. I advocate carrying a modest amount of cash and use that for purchases under, say, $25. Checks are still fine too (when they don't bounce!). Small merchants get it the worst, it seems. They're not going to drop the same as cash part, because that would put them on an uneven footing with other forma of payment. But I do think they could stand to charge more reasonable fees - maybe some kind of sliding scale.
|
|
winter

Location: in exile, as always Gender:  
|
Posted:
May 20, 2012 - 9:59am |
|
islander wrote: True, but a lot of smaller merchants do it all the time. The $5 minimum is really common here in convenience stores. It depends a lot on the merchant and your relationship with them.
They do it often, yes. And most customers know why and have no problem with it. But you get one guy who gets bent out of shape that he has to pay more for the same stuff because he didn't have time to stop at the ATM ...
|
|
winter

Location: in exile, as always Gender:  
|
Posted:
May 20, 2012 - 9:57am |
|
kurtster wrote: CC and debit cards do not get declined any more. But a GC does run out of funds.
I remember about 5 years ago the first time I ever had an experience where my CC was maxed out but still accepted. I knew I was close, and it was within the monthly interest fee which posts at a certain time. I miss calculated and holy fark.
I called the bank and said WTF, I was expecting it to be declined if I had maxed out. They said that htey no longer declined transactions based upon available credit. They just let it go through collecting all the overdraft fees and raising the core interest rate. I was able to get a Mulligan and had some fees reversed. But it only had to happen once to me. It seems that has become the way of plastic. Lack of available funds no longer results in a decline in most cases. Most dangerous to those who live life near the max.
They'll often let it go through if it's not too far over and the account's generally in good standing, but there are very definite limits to that tolerance. And some banks give you a choice: you can tell them not to let anything go through that would put the account overlimit, or you can avoid being embarrassed with a declined card and pay an overlimit fee (and possibly higher rates) for the privilege.
|
|
|