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I too have been using cash almost exclusively lately for this reason, unless it is not possible to pay with cash in a store, which is happening more and more fr

I too have been using cash almost exclusively lately for this reason, unless it is not possible to pay with cash in a store, which is happening more and more frequently. Other benefits include: - Paying back other people is easy; - Shops are always lacking change, I can almost always pay with exact change; - Online takeaway shops charge for using their payment provider (% of the total order price) but don't make you pay for cash payments.

nothrabannosir 8y ago
> Online takeaway shops charge for using their payment provider (% of the total order price) but don't make you pay for cash payments. If I understand the ruling corretl, this has become illegal in the EU recently. JustEat.co.uk for example now charge a £0.50 fee for cash payments. I’m not sure how I feel about it tbh; I get that merchants were hiding service fees as card processing fees, but on the other hand we now have government mandated subsidising of credit cards by cash users. CC users get lots of benefits, such as, most importantly the power of chargebacks. You don’t get that with cash, but now you have to subsidise it, because the cost of those services is eventually passed on to the merchant, and thus to the customer.
- reaperducer 8y ago
  If I understand the ruling corretl, this has become illegal in the EU recently. It's been against the rules (card network? clearinghouse? not sure) for a long time in the United States, too. But it still happens. As an example, a bookstore I was in a couple of weekends ago had a sign at the cash register notifying people that all transactions incur a 4% "customer service fee." There was a sign immediately below that one noting that there is a 4% discount for paying with cash. Where there's a will, there's a way.
  - icebraining 8y ago
    Visa and Mastercard used to prohibit it, but there was an antitrust lawsuit and I think the courts struck that down.

nothrabannosir 8y ago

> Online takeaway shops charge for using their payment provider (% of the total order price) but don't make you pay for cash payments. If I understand the ruling corretl, this has become illegal in the EU recently. JustEat.co.uk for example now charge a £0.50 fee for cash payments. I’m not sure how I feel about it tbh; I get that merchants were hiding service fees as card processing fees, but on the other hand we now have government mandated subsidising of credit cards by cash users. CC users get lots of benefits, such as, most importantly the power of chargebacks. You don’t get that with cash, but now you have to subsidise it, because the cost of those services is eventually passed on to the merchant, and thus to the customer.

reaperducer 8y ago
If I understand the ruling corretl, this has become illegal in the EU recently. It's been against the rules (card network? clearinghouse? not sure) for a long time in the United States, too. But it still happens. As an example, a bookstore I was in a couple of weekends ago had a sign at the cash register notifying people that all transactions incur a 4% "customer service fee." There was a sign immediately below that one noting that there is a 4% discount for paying with cash. Where there's a will, there's a way.
- icebraining 8y ago
  Visa and Mastercard used to prohibit it, but there was an antitrust lawsuit and I think the courts struck that down.