i quite like being cashless never have liked carrying money
Me too, but I do still think there needs to be a choice for those who prefer cash.
yeah by all means no one should be forced to go cashless … i think its the way we will end up eventually for every one but through choice , it will mean a lot of change for cash only businesses as well i would imagine
There does but if I set up a business today why should I be forced to take cash if it’s not something within a tightly defined “social” purpose?
I prefer cashless and cheque less too as makes life so much easy.
ive even got my elderly mum trained to transfer me my birthday and christmas money by monzo link rather than cash not quite got her into paying for things by her phone yet i think that might just be a step too far
Heh, my 82-year-old mother is great with her iPhone. I was going to introduce her to Apple Pay but she beat me to it and had already set up her cards She provides iPhone tech support to her friends, too!
ha ha no my mum thinks i can magically fix things via whats app or on the mobile , she even video called me to find reverse gear for her in her new car
“Fintech platform flaw could have allowed bank transfers, exposed data • The Register”
US company, seems to imply only affected US companies
I read in a Newspaper (remember those things) that a survey said over half of Britain’s didn’t have a savings account.
Genuinely stopped me, I wonder if this is because savings rates are so poor folks just keep it in their current account instead and therefore this is excluded?
No there’s a lot of people who simply can’t afford to save, every last penny goes into just trying to live.
Edit - There will be those about though who think what’s the point in saving I’ll just let it sit in my main account or just spend it all now
Oh I understand this will be a large part of it too for definite
I mean I just use my Apple Watch. It’s not fantastically different in usage and requires significantly less surgical procedures.
I used to surprise bus drivers by putting my Oyster card in my glove in winter and paying my fare by slapping the reader.
The Barclaycard/Barclays small (like SIM-sized) stick-on tabs that could be placed under the back of a watch or a phone - think Nokia rather than iPhone - from years ago did this. No need to insert anything inside your actual body to make payment. Fnarr
I don’t remember this phase of banking for some reason (and I should, I was definitely alive then!), was this some sort of option before Apple Pay existed?