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Japan is the opposite. Basically a cash only society. In my time there i really enjoyed it. It's nice to know that no one knows what you're buying. You are also
by oculusthrift 9y ago
Japan is the opposite. Basically a cash only society. In my time there i really enjoyed it. It's nice to know that no one knows what you're buying. You are also much more aware of what you're spending
- maxerickson 9y agoAt this point I sort of wonder whether larger retailers are doing facial recognition (or other biometrics) on cash transactions.
- oculusthrift 9y agoi definitely believe that is possible in the united states. i mean that's also why most grocery stores have membership programs. in that scenario the payment method doesn't matter.
- marak830 9y agoI've noticed a shift over the last few years here(in Japan), a lot more cards being used. Hell I haven't used cash in over 3 months.
- oculusthrift 9y agoCredit card or IC cards? (IC cards are refillable cards for the subway which many retailers accept but aren't linked to any identity)
- marak830 9y agoBoth, and smartphone based payment (edi mostly). Also my subway card is linked to my ID (I case I lose or break it).
- toomanybeersies 9y ago> You are also much more aware of what you're spending I disagree that you are more aware of what you're spending with cash. I am more aware of how much I'm spending on what when I use my card, since I now have a list of transactions and locations. With cash, unless I keep receipts, or write down what I bought, I don't know what I spend my money on or where I spent it. I only know how much I spent.
- oculusthrift 9y agothis isn't infallible but this psychology PHD researcher disagrees: https://www.youtube.com/watch?v=PCujWv7Mc8o https://www.youtube.com/watch?v=PCujWv7Mc8o
- Rainymood 9y ago>this psychology PHD researcher That's quite an understatement for (the quite famous?) Dan Ariely: >Dan Ariely (Hebrew: דן אריאלי; born April 29, 1967) is the James B. Duke Professor of Psychology and Behavioral Economics at Duke University (source: Wikipedia) As an economist it feels like an insult to call him a "psychology PHD researcher"
- toomanybeersies 9y agoWell I guess my comment is an anecdote, not everyone is the same. I can track better what I'm spending with a card, which means that I can plan my spending better.
- oculusthrift 9y agofair enough. as long as you dont generalize your experience as a diligent person to the average person. (and i don't generalize the average persons experience to everyone)
- ekianjo 9y ago> I disagree that you are more aware of what you're spending with cash. When you only have a fixed amount of money in your wallet, you physically see how much you have left after every payment. To me it's obvious you are more aware.
- ekianjo 9y agoIt's certainly not a cash only society - the description is improper. It's a society where you can use cash if you want to, but you certainly have tons of other payment options too (e-money, smartphones with NFC, credit cards, debit cards, etc...) which are not always available for everything but spreading bit by bit.