keithm Posted March 3, 2021 Report Share Posted March 3, 2021 Given the way the world is going with regards to cash, what are your thoughts on this? https://www.bbc.co.uk/news/business-56263582 Quote Link to comment Share on other sites More sharing options...
k4mrc Posted March 3, 2021 Report Share Posted March 3, 2021 CRAZY But since the last increase (£45) we are about 75-80% card guess this will increase Quote Link to comment Share on other sites More sharing options...
ponsaloti Posted March 3, 2021 Report Share Posted March 3, 2021 Be aware of the drunk bouncing off of people on the District Line! ker ching Mike at Vauxhall 1 Quote Link to comment Share on other sites More sharing options...
da miller Posted March 4, 2021 Report Share Posted March 4, 2021 card is king covid just pushed it along quicker Quote Link to comment Share on other sites More sharing options...
k4mrc Posted March 4, 2021 Report Share Posted March 4, 2021 Government must be over the moon..... NO CASH Mike at Vauxhall 1 Quote Link to comment Share on other sites More sharing options...
keithm Posted March 4, 2021 Author Report Share Posted March 4, 2021 What will all the drug dealers do with their cash Quote Link to comment Share on other sites More sharing options...
grahamparker Posted March 4, 2021 Report Share Posted March 4, 2021 2 minutes ago, keithm said: What will all the drug dealers do with their cash They have card machines. And that isn't a joke. Quote Link to comment Share on other sites More sharing options...
ponsaloti Posted March 4, 2021 Report Share Posted March 4, 2021 To my knowledge there are no restrictions on who can legally obtain and use a card machine. Quote Link to comment Share on other sites More sharing options...
Flash Posted March 4, 2021 Report Share Posted March 4, 2021 3 hours ago, k4mrc said: Government must be over the moon..... NO CASH Banks will be over the moon, total control, just watch your bank charges rocket. There will be no more free personal banking. Quote Link to comment Share on other sites More sharing options...
kirkybob Posted March 5, 2021 Report Share Posted March 5, 2021 do you guys have a minimum payment for card. if so what is it. Quote Link to comment Share on other sites More sharing options...
k4mrc Posted March 5, 2021 Report Share Posted March 5, 2021 18 hours ago, ponsaloti said: To my knowledge there are no restrictions on who can legally obtain and use a card machine. there is already, one of mate's shops sell vape and cbd they turned him down Quote Link to comment Share on other sites More sharing options...
grahamparker Posted March 5, 2021 Report Share Posted March 5, 2021 18 minutes ago, kirkybob said: do you guys have a minimum payment for card. if so what is it. No. Quote Link to comment Share on other sites More sharing options...
k4mrc Posted March 5, 2021 Report Share Posted March 5, 2021 £3 Quote Link to comment Share on other sites More sharing options...
cobblers.keys Posted March 5, 2021 Report Share Posted March 5, 2021 You can't really have a minimum spend these days because it is now common practice to pay for almost anything on card. I think if you impose a minimum spend then you will lose a sale. Quote Link to comment Share on other sites More sharing options...
Count Muppet Posted March 5, 2021 Report Share Posted March 5, 2021 Not a very big sale though by the sound of it Quote Link to comment Share on other sites More sharing options...
Flash Posted March 5, 2021 Report Share Posted March 5, 2021 42 minutes ago, cobblers.keys said: You can't really have a minimum spend these days because it is now common practice to pay for almost anything on card. I think if you impose a minimum spend then you will lose a sale. A customer wants to buy a 15p ring on card, what is the cost to the supplier? Quote Link to comment Share on other sites More sharing options...
k4mrc Posted March 5, 2021 Report Share Posted March 5, 2021 most customer's when asked for £3 minimum go to the cash point around the corner. Also the card 'goes down' every now and then (pain in the arse) they go and get the cash Quote Link to comment Share on other sites More sharing options...
cobblers.keys Posted March 5, 2021 Report Share Posted March 5, 2021 (edited) 51 minutes ago, Flash said: A customer wants to buy a 15p ring on card, what is the cost to the supplier? That's not likely to happen though is it? If they come in the shop for only a 15p tag and didn't have cash I would give it them and say drop it in when they are passing again. Edited March 5, 2021 by cobblers.keys Retype grahamparker 1 Quote Link to comment Share on other sites More sharing options...
Flash Posted March 5, 2021 Report Share Posted March 5, 2021 54 minutes ago, cobblers.keys said: That's not likely to happen though is it? If they come in the shop for only a 15p tag and didn't have cash I would give it them and say drop it in when they are passing again. Yes I have been asked to put 15p on card. No cash, no cash point to go to. My contract has terms whereby I cannot set a minimum charge. I would, and have, given away small items to customers with no cash but it is not the road to go down. keithm 1 Quote Link to comment Share on other sites More sharing options...
ponsaloti Posted March 5, 2021 Report Share Posted March 5, 2021 £4.50 min on card. Cyl keys are £4.50 for 1 £4.00 for 2 or more. Quote Link to comment Share on other sites More sharing options...
Lee Posted March 5, 2021 Report Share Posted March 5, 2021 My card provider takes a percentage, and the minimum transaction they will take is a pound do that’s my minimum spend. Is the same percentage cost regardless of a pound or £100 so why would I? Quote Link to comment Share on other sites More sharing options...
Mike at Vauxhall Posted March 5, 2021 Report Share Posted March 5, 2021 No minimum. Saves any hassle or explanations to customers. They're not interested in your agreements and liabilities. I was in a shop behind a customer as the owner explained why the customer couldn't pay by card. It struck me as a bit unprofessional, so dropped minimum immediately. If a customer wants to pay card something under £1. (My supplier's minimum) I would either give it to the customer, or charge them £1 on a card, and give them change in cash. That said nearly everything in my shop is at least £3, with the exception of key tags. Anything I was selling for £2.50 i will be selling for £3 from April. Cards, unfortunately, are the future. Mike. keithm, Mick Friend and x minit uk 3 Quote Link to comment Share on other sites More sharing options...
Mick Friend Posted March 6, 2021 Report Share Posted March 6, 2021 yes far better to charge up a bit than tell a customer why you don't want his dosh Quote Link to comment Share on other sites More sharing options...
ponsaloti Posted March 6, 2021 Report Share Posted March 6, 2021 I've never had anyone walk away. Cash m/c is over the rd but usually the customer will pick up one of our cheap shopping trolley k/rings (50p) or something similar to make up a purchase. The £4.50 lower limit works well for us. Quote Link to comment Share on other sites More sharing options...
Flash Posted March 6, 2021 Report Share Posted March 6, 2021 So, how much does it cost to take card payment? for e.g since the increase to £45 payments have to be authorised, has anyone noticed the increase in phone bills? Quote Link to comment Share on other sites More sharing options...
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