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Contactless payments


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4 hours ago, Flash said:

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?

?? Mine all works over WiFi never had to make a phone call. This week 90% of my turnover was on cards. The hidden secret of these institutions is all the fees they are gaining. It costs the public a fortune not having cash because ultimately it’s them that has to pay the bill

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What I do love about these new card providers - zettle, sum up and square- is no contract, not being tied to bloody worldpay in an 18 month contract. I use both zettle and sum up. Also paperless, no shitty receipts to keep, therefore no bloody PCCI complaince. My shop is probably 80% card now, been a couple of days where it was 100%.

Mike.

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Contactless limit being raised to £100 too , make sure you see the word “approved” , amount of people I’ve stopped walking away when then they wave there card and just walk off , with the terminal still processing .....Cash ????? I miss counting her majesty’s notes at the end of the day .......government got us all by the short & curleys

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8 hours ago, cowers lane 583 said:

 been a couple of days where it was 100%.

Mike.

I remember the first day this happened to me being confused.

id had a good day, cashed up and there was nothing in the till. I remember thinking it couldn’t be real. I’ve not taken a cheque in years. Cashless is coming & the banks and providers will happily take a percentage of the countries spending.

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What would bank robbers do in a cashless society ?, similar for shop robberies most want the cash out of the till.

Personally i would be quite happy not having to drive to the bank/post office to deposit money again wasting time and it costs to deposit cash/get change as well.

Running a business costs so you just absorb those costs into your pricing. Our percentages are roughly 10% cash (and diminishing rapidly) 40% credit cards but most of our income is 50% by bacs from Trade accounts.

If a customer asks which we prefer we always say card the money is in the business account by midnight that very same day.

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and the worst bit (to me) I have to pay cash into the bank, they charge me! on top of my bank charges - then if I take cash out they charge again!  I took 32K out of my account in cash for a very large project recently COST ME £330 - takes the ff piss

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4 hours ago, k4mrc said:

  I took 32K out of my account in cash for a very large project recently COST ME £330 - takes the ff piss

I bet you was relieved one you got to where you was going. I brought a car at 19 cash I felt so nervous at that age walking from the bank to the dealer

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16 minutes ago, Lee said:

I bet you was relieved one you got to where you was going. I brought a car at 19 cash I felt so nervous at that age walking from the bank to the dealer

took a 'Bouncer' with me - the wife!!!    lol

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4 hours ago, k4mrc said:

and the worst bit (to me) I have to pay cash into the bank, they charge me! on top of my bank charges - then if I take cash out they charge again!  I took 32K out of my account in cash for a very large project recently COST ME £330 - takes the ff piss

Did you have to pre order the money in cash ?.

I walked into my personal bank and asked to withdraw £8500 they asked so many questions about what it was for and why i needed it and i had to return the next day to get it.

Changed banks after that.

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Just now, grahamparker said:

Did you have to pre order the money in cash ?.

I walked into my personal bank and asked to withdraw £8500 they asked so many questions about what it was for and why i needed it and i had to return the next day to get it.

Changed banks after that.

Yup - reordered,

another occasion had to pay in about 8K and was going somewhere on my m bike - dropped into a bank on the way (same bank different town) they turned me away as the limit is now 1500£ and obviusly they did not know me

I had to ride back to my normal bank to pay in. waste of time

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