Cash is important

My parents were on some teachers union negotiated plan for years. Neither's a teacher!

This does remind me, I need to join my employers group scheme as I have the same plan privately so I'm wasting that 10% discount.

Can people stop with this "legal tender" sh1te.

I'll put it loudly.

In a normal retail transaction "legal tender" has NO MEANING WHATSOEVER. NADA, ZILCH, NOTHING.

Legal tender has a very special legal definition. It is for the extinguishing of a debt already occurred. A retail transaction, including a fuel transaction where you put the fuel in before payment or a restaurant meal you eat before paying is not a debt in the meaning of legal tender.

In past years many shops gave credit to customers. The customer would have made an account agreement and paid off the debt at certain points - it is in this context that "legal tender" has meaning if you had purchased the goods on credit last months and went to pay for them this month.

But in term of a normal retail transaction, please do not make an utter fool of yourself by citing "legal tender"

I had one such eejit in front of me in a shop a few months ago and I enjoyed putting him down after his tirade against a young cashier and he meekly left after try so desperately hard to argue the point and kept digging his hole deeper and deeper.

BTW - Cash will never go away. It will only be for a small percentage of payments, but it will always be there

That generation of 65+ older people who have no experience of technology we take for granted are disappearing though and will soon be the generations that have grown up with it.

I'm not sure that excuse will hold for much longer.

Ignoring the fact that most of these don't happen to 99% of people or haven't been issues for years, if it was her last tenner the tap would have been declined.

You actually believe you're the hero of that story don't you?

If you want to talk about having respect for those around me, that's another reason I only use card. Cash is bad enough in terms of holding the queue up (I'd normally have the phone unlocked in my hand and would have left before the cashier has a chance to open the till) but holding others up while you get your money out, then root around for the change to get notes back and take three attempts to count your coins really is the height of rudeness.

It is prone to failure. On the few occasions per year where I've neglected to go to an ATM and resort to tapping, half the time the machine is out of order. I don't know how full time tappers live like that

Not at all in my experience

In many businesses the card reader is kept upside down behind the counter, meaning you can't see how much you're tapping for

I've not once been asked to tap in Ireland and not been able to see the amount

As said, it turns your bank statement into a phone book. Dozens and dozens of monthly taps, I can't be abiding by it

Fail to see the problem, go paperless if it bothers you

card payment takes longer than paying by cash

Absolutely not at all in my experience

makes budgeting more difficult

How?

can take up to a week after transaction to show your correct bank balance. use card and you never know exactly how much money you have

Utter nonsense - my current account shows it the second the transaction is approved. Yes it may show as "pending" but available balance is reduced

Paying by tap simply takes longer

No it doesn't (at least in my experience as a serial tapper)

and often takes two or three attempts.

This is absolutely not the case at all

Indeed, criminals know how to innovate.

Can anyone remember back when Lidl only took cash - no cards at all (yes thats true I believe less than 10 years ago iirc they stated accepting debit and credit cards in 2014 or 15?).

Back then I can remember a few times being behind a shopper who took out a card and was very surprised when they were told they didn't accept cards. Now that slowed the queue down a bit.

You just have to lose connection

Cash is king, it's not going anywhere anytime soon.

So you see no conflict of interest at all that a bank who the state are a majority shareholder of is a global partner of an unelected private invitation only forum that is trying to dictate global financial policy .

This said bank tried to pull a fast one and felt the wrath of the people.

If the s**t hits the fans it's the likes of you who will be up s**t creek without a paddle

Cash comeback continues.

You mean the guys that are closely following this thread https://www.boards.ie/discussion/2058266795/how-much-cash-do-you-have-in-the-house

Cashless is fantastic, why not link your spending habits with another stick like personal carbon credits. It was conspiracy of yesterday and looks fringe today (just to manipulate you in some guilt with every purchase).

With potential to become mandatory tomorrow...

PJ Watson is little over the top but a lot of things which looked fantasy yesterday are becoming reality so if this idea is being trialed somewhere it may become everyday reality even for us soon. Something like already well established and used Chinese social credit system to our carbon credit system masquerading as some "save the planet" exercise. Nothing but just another tax on people.