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Cashless society

Viewing 5 posts - 1 through 5 (of 5 total)
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  • #156501
    AvatarFrances
    Participant

    These days we seem to becoming railroaded into a cashless society, and I don’t think it’s a good idea.

    I understand that with virus issues, that cards are the only acceptable payment method at present, but I’m hoping that this will not continue when we are back to living our ordinary lifestyle.

    Using cash makes it easier to budget, you know how much money is in your purse or wallet, and once spent you can’t spend more.  Vulnerable people may not be allowed a card, and many don’t use computers or the internet.  Is card usage one of the reasons so many people are in debt?

    How would they manage without being able to pay cash for transactions?  They would lose their independence, having to rely on others to help.  What if someone loses their card, or is has been scammed?  Without cash as a backup, you could become very vulnerable indeed.

     

    #156632
    JasmineJasmine
    Keymaster

    I agree. I’m a big fan of cash (although, being an urbanite, I use cards a lot more). My interest in cash is that it is anonymous and ‘they’ (the Government, the big tech companies and others) can’t monitor our use of it as they can with cards. I think it’s very important to keep cash going if we as individuals are to have any autonomy over our lives.

    I also feel that it would put us all in a vulnerable position if we became a cashless society. Think of how easy it is for a country like, say, China to do a big hit on our web and broadband systems. There was a day a couple of years ago when the O2 system went down and shops, taxis and more couldn’t get paid with cards. This is all too possible and I would like us to have a back-up of cash. I think the Swedes are wishing they hadn’t gone cashless.

    #156912
    Annie ThorpeAnnie Thorpe
    Keymaster

    While I like the convenience of things like tap and pay, I’m a big advocate for cash in the majority of instances. I like to be able to see how much money I’m physically spending, and when I was hugely in debt about ten years ago I used cash envelopes to budget for bills each month. It really helped stop me applying for credit and learn to live within my means!

    Getting rid of cash altogether alienates many people, so I’m hoping it won’t happen. However, an argument I had with the grocery shop cashier suggests shops will try to push it. (Argument: cashier told me to pay by card, even though I had the cash in my hand. Insisted I had to pay by card because cash wasn’t safe to handle – I said I had no card that could be used and he could either accept my cash or put everything back on the shelves. It was my Big Shop. He chose to take the cash – proving that they DO take cash, but try to push card payments wherever possible!).

    #156916
    AvatarFrances
    Participant

    Well done for standing up to the cashier who refused take accept cash as payment.

    It seems that most people are in agreement that a ‘cashless society’ would be a negative step to take, for so many reasons already stated.  The consumer organisation Which? ran a campaign to keep cash payments available a short while ago, which was hugely successful.

    However Tesco and other stores have been trialling new stores in certain areas where they will refuse cash as payment.  I haven’t heard how successful this has been.

    It looks like we will have to keep battling on and refuse to be domineered by big multinationals.

     

     

    #156922
    AvatarROSEMARY
    Participant

    l agree l hope we don’t end up a cashless society, using cards all the time, l can’t keep up with the bank statement.

    lf the assistant refused my cash, l would leave my shopping on the counter.

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