Author Topic: Is it the end of cash?  (Read 2280 times)

Re: Is it the end of cash?
« Reply #50 on: August 08, 2020, 12:02:35 pm »
All too common experience:

Cashier:  How would you like to pay?
PB:  How much is that please?
Cashier:   ... points to screen  or says, It's on the screen.
PB:  I am registered blind.  Can you tell me what it says please?

There are various endings from this point from clear frustration through to embarrassed over-helpfulness.  It's just part of my life.

Kim

  • Timelord
Re: Is it the end of cash?
« Reply #51 on: August 08, 2020, 12:28:32 pm »
Meanwhile they're confusing deaf people by deviating from the script and/or chatting to a colleague without eye contact...
Careful, Kim. Your sarcasm's showing...

citoyen

  • Occasionally rides a bike
Re: Is it the end of cash?
« Reply #52 on: August 08, 2020, 12:55:43 pm »
The downside is the fact that Google/Apple probably know what you've bought and from whom.

Not automatically.

They get a transaction ID, but they have to make an effort to match that up to a retailer - it isn’t always obvious.

I don’t think they have any way of knowing exactly what you have bought.
"The future's all yours, you lousy bicycles."

barakta

  • Bastard lovechild of Yomiko Readman and Johnny 5
Re: Is it the end of cash?
« Reply #53 on: August 08, 2020, 12:58:26 pm »
Deaf friends claim there's a law saying the till amount has to be displayed visually on the till but I can't find such legislation when I Google. I know Deaf people who used to routinely challenge it if there was no display. Is there such legislation saying the amount has to be verbalised?

Re: Is it the end of cash?
« Reply #54 on: August 08, 2020, 02:04:39 pm »
I really can’t remember when last a shop person taking money didn’t tell me the total before I paid, as well as it being displayed one way or another.
We are making a New World (Paul Nash, 1918)

Re: Is it the end of cash?
« Reply #55 on: August 08, 2020, 03:30:17 pm »
Not being funny but perhaps you cannot remember because you have no need to remenber?

Re: Is it the end of cash?
« Reply #56 on: August 08, 2020, 03:59:20 pm »

Not automatically.

They get a transaction ID, but they have to make an effort to match that up to a retailer - it isn’t always obvious.

I don’t think they have any way of knowing exactly what you have bought.

For card payments there will be an acquirer who manages the transactions on behalf of a merchant.  Transactions are often not settled till overnight though some are near real time now. The transactions details will also include a MID, which is a unique identifier for a merchant. If the merchant is a single shop then the MID essentially will allow you to know where the purchase was. For multiple chains not the case.  Whether Apple or Google act as an acquirer in this case I don’t know. It wouldn’t surprise me in their pursuit of ever larger profits.

As for what you bought that’s nothing to do with the payment side of transaction outside of reconciliation within the merchants internal stock control, financial, and payment systems. Before bar codes and scanning systems the merchants Weren’t even aware of that. A product would just be rung up as a price and possibly against a department for bigger shops.

For contactless as with chip / pin not every transaction involves contacting the card issuers online systems for authorisation.  Often the chip on the card will issue an authorisation code for the transaction. That will be recognised by the issuers systems when the acquirer settles the transaction. Settling a transaction means asking the card issuing bank / financial institution for the money to be transferred into the merchants account etc. There’s a bit more going on but you get the idea.

Pingu

  • Put away those fiery biscuits!
  • Mrs Pingu's domestique
    • the Igloo
Re: Is it the end of cash?
« Reply #57 on: August 10, 2020, 04:04:52 pm »
...The other thing I keep cash for is tipping. If I add a tip to a card payment how do I know that it all goes to the staff? If I’ve received exceptional service from someone I want that person to benefit from the tip.

A local café is using something called TipJar: https://www.thecoffeeapothecary.co.uk/blog/tips-are-changing/

citoyen

  • Occasionally rides a bike
Re: Is it the end of cash?
« Reply #58 on: August 10, 2020, 05:06:25 pm »
The transactions details will also include a MID, which is a unique identifier for a merchant. If the merchant is a single shop then the MID essentially will allow you to know where the purchase was. For multiple chains not the case.

They can (and do) work it out using the location information provided by your phone...
"The future's all yours, you lousy bicycles."

Re: Is it the end of cash?
« Reply #59 on: August 10, 2020, 06:40:18 pm »
...The other thing I keep cash for is tipping. If I add a tip to a card payment how do I know that it all goes to the staff? If I’ve received exceptional service from someone I want that person to benefit from the tip.

A local café is using something called TipJar: https://www.thecoffeeapothecary.co.uk/blog/tips-are-changing/

Very nice, but who pays for this website/app? Is a service fee deducted from each tip?

Mrs Pingu

  • Who ate all the pies? Me
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Re: Is it the end of cash?
« Reply #60 on: August 10, 2020, 08:50:13 pm »
Question for the folks au fait with Google Pay. Can you add a pre payment card (I'm thinking Pure, which I use cos I get money back) to it?

I tried adding it and it didn't work, so I assume it's a no.

I use a Revolute card with Google Pay on my phone and that works fine.

Tried it 3 times. It doesn't work.
Do not clench. It only makes it worse.

Re: Is it the end of cash?
« Reply #61 on: August 17, 2020, 10:23:35 am »
Whether Apple or Google act as an acquirer in this case I don’t know. It wouldn’t surprise me in their pursuit of ever larger profits.
Apple and Google aren't the acquirer - they are on the customer side of the fence supplying card details. The acquirer is on the merchant side of the fence - they usually provide the PIN entry device and the POS supplier will have to make the POS software interact with that provided by the acquirer. MID identifies the merchant to the acquirer, the TID (often included in the transaction metadata) identifies the terminal, so not only can they know which shop you were in, but they know which PED you used. The MID is what is used to provide the name of the retailer on your credit card bill, but they won't know what you bought, only the details as to the payment.
In terms of the merchant knowing what you buy, nothing beats a loyalty card.

The acquirers keep changing their minds as to how they deal with offline transactions - I think the current state of affairs for most is that you can do chip and pin offline, but you have to be online to do contactless.

Cudzoziemiec

  • Eating all the pies and drinking all the tea.
Re: Is it the end of cash?
« Reply #62 on: August 31, 2020, 08:36:00 am »
My son and his friends went for a kebab yesterday. Turns out Grecian kebab only take cash... which meant his mate had to pay for his kebab.
Days become simply the spaces between dreams, spaces between the shifting floors of time...

Re: Is it the end of cash?
« Reply #63 on: August 31, 2020, 08:40:13 am »
So according to some, Grecian Kebab is a tax evader.  I'm sure it's true because it's a typical dog whistle of the angry right ...

Never had a kebab myself.  Can you get vegetarian ones?

Re: Is it the end of cash?
« Reply #64 on: August 31, 2020, 09:16:20 am »
I went to the barbers the other day, they have lots of covid safe measures like customers wearing masks, them wearing visors, no walk ins, but then when I came to pay they only take cash. What's that about then? They even then sent an email to ask for a review. I put "great haircut - but contactless payment would have been nice, although you'd have to pay tax then I suppose"
It is what it is. It's not what it's not, so it must be what it is.

Re: Is it the end of cash?
« Reply #65 on: August 31, 2020, 10:40:42 am »
I went to the barbers the other day, they have lots of covid safe measures like customers wearing masks, them wearing visors, no walk ins, but then when I came to pay they only take cash. What's that about then? They even then sent an email to ask for a review. I put "great haircut - but contactless payment would have been nice, although you'd have to pay tax then I suppose"

Since most barbers and hairdressers are sole traders renting a chair, it may just be a simpler way for the salon owner of dividing the takings at the end of the day. But probably not. 
We are making a New World (Paul Nash, 1918)

Cudzoziemiec

  • Eating all the pies and drinking all the tea.
Re: Is it the end of cash?
« Reply #66 on: August 31, 2020, 11:21:32 am »
Never had a kebab myself.  Can you get vegetarian ones?
Yes, but not from Grecian.
Days become simply the spaces between dreams, spaces between the shifting floors of time...

Re: Is it the end of cash?
« Reply #67 on: August 31, 2020, 02:03:35 pm »
I went to the barbers the other day, they have lots of covid safe measures like customers wearing masks, them wearing visors, no walk ins, but then when I came to pay they only take cash. What's that about then? They even then sent an email to ask for a review. I put "great haircut - but contactless payment would have been nice, although you'd have to pay tax then I suppose"

Since most barbers and hairdressers are sole traders renting a chair, it may just be a simpler way for the salon owner of dividing the takings at the end of the day. But probably not.
Around here the barbers and hairdressers plug a device into their smartphone that lets them swipe your credit card themselves and put the money in their account, including the tip. Not quite contactless, but it’s pretty easy to sanitize the phone between customers.