Australian Politics Forum - Banks, Cash and Banking Services Denial

MeisterEckhart

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Re: Banks, Cash and Banking Services Denial
Reply #15 - Dec 30^th, 2023 at 9:00am

greggerypeccary wrote on Dec 30^th, 2023 at 8:49am:

MeisterEckhart wrote on Nov 23^rd, 2023 at 5:10pm:

Bobby. wrote on Nov 23^rd, 2023 at 5:02pm:

MeisterEckhart wrote on Nov 23^rd, 2023 at 4:55pm:

Bobby. wrote on Nov 23^rd, 2023 at 4:40pm:

Any link for this story?

That was an actual account of a bullion dealer I know personally.

But, ask around. It's happening across Australia and worldwide.

But how do we know that it's not you making up bullshit?

Is it that hard for you to believe?

There are hundreds of stories online. Start with this:

https://www.thegatewaypundit.com/2023/09/what-is-going-three-separate-coin-shop-...

Lol

Well now we KNOW it's bullshit.

The Gateway Pundit Grin

No, you don't.

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Belgarion

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Re: Banks, Cash and Banking Services Denial
Reply #16 - Dec 30^th, 2023 at 9:47am

MeisterEckhart wrote on Dec 30^th, 2023 at 8:01am:

Rejoice and be glad? For the end of cash is at hand?

By 2025, cash will either be obsolete or will only be held as a 'Plan B' to cover disasters and/or other digital downtime events.

Will consumers have to pay to access cash or face a future without banknotes?

According to the RBA, in 2007, 69 per cent of Australians said they would use cash to transact. By 2019 this had fallen to 27 per cent, and by 2022 just 13 per cent.

https://www.abc.net.au/news/2023-12-30/will-consumers-have-to-pay-to-access-cash...

Coincidentally, this week I have been conducting an experiment in paying cash for everything rather than using using a card. It has worked well, with one shopkeeper telling me how he prefers dealing in cash. Even in a place where I thought confusion would ensue - the checkout kid in the supermarket - cash was handled with no issues.

This came about because a couple of weeks ago I stopped for a snack in a small country town and a local phone outage meant I could not use a card. Luckily I had a few dollars but it did get me thinking about how inconvenient it could get without cash. I will try to keep it going until next payday then see how my spending compares.

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"I may not agree with what you say, but I will defend to the death your right to say it."

Voltaire.....(possibly)

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MeisterEckhart Gold Member Offline Australian Politics Posts: 17122 Gender:	Re: Banks, Cash and Banking Services Denial Reply #17 - Dec 30^th, 2023 at 9:53am Belgarion wrote on Dec 30^th, 2023 at 9:47am: one shopkeeper telling me how he prefers dealing in cash. Given the overheads with cash management and security issues, did he explain why he prefers dealing in cash? If not, can you guess why?
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greggerypeccary

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Re: Banks, Cash and Banking Services Denial
Reply #18 - Dec 30^th, 2023 at 9:56am

MeisterEckhart wrote on Dec 30^th, 2023 at 9:00am:

greggerypeccary wrote on Dec 30^th, 2023 at 8:49am:

MeisterEckhart wrote on Nov 23^rd, 2023 at 5:10pm:

Bobby. wrote on Nov 23^rd, 2023 at 5:02pm:

MeisterEckhart wrote on Nov 23^rd, 2023 at 4:55pm:

Bobby. wrote on Nov 23^rd, 2023 at 4:40pm:

Any link for this story?

That was an actual account of a bullion dealer I know personally.

But, ask around. It's happening across Australia and worldwide.

But how do we know that it's not you making up bullshit?

Is it that hard for you to believe?

There are hundreds of stories online. Start with this:

https://www.thegatewaypundit.com/2023/09/what-is-going-three-separate-coin-shop-...

Lol

Well now we KNOW it's bullshit.

The Gateway Pundit Grin

No, you don't.

The Gateway Pundit Grin

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MeisterEckhart

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Re: Banks, Cash and Banking Services Denial
Reply #19 - Dec 30^th, 2023 at 10:29am

greggerypeccary wrote on Dec 30^th, 2023 at 9:56am:

MeisterEckhart wrote on Dec 30^th, 2023 at 9:00am:

greggerypeccary wrote on Dec 30^th, 2023 at 8:49am:

MeisterEckhart wrote on Nov 23^rd, 2023 at 5:10pm:

Bobby. wrote on Nov 23^rd, 2023 at 5:02pm:

MeisterEckhart wrote on Nov 23^rd, 2023 at 4:55pm:

Bobby. wrote on Nov 23^rd, 2023 at 4:40pm:

Any link for this story?

That was an actual account of a bullion dealer I know personally.

But, ask around. It's happening across Australia and worldwide.

But how do we know that it's not you making up bullshit?

Is it that hard for you to believe?

There are hundreds of stories online. Start with this:

https://www.thegatewaypundit.com/2023/09/what-is-going-three-separate-coin-shop-...

Lol

Well now we KNOW it's bullshit.

The Gateway Pundit Grin

No, you don't.

The Gateway Pundit Grin

You could try asking around, easy enough to do, but you'd need to talk directly to normal people.

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Belgarion

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Re: Banks, Cash and Banking Services Denial
Reply #20 - Dec 30^th, 2023 at 11:23am

MeisterEckhart wrote on Dec 30^th, 2023 at 9:53am:

Belgarion wrote on Dec 30^th, 2023 at 9:47am:

one shopkeeper telling me how he prefers dealing in cash.

Given the overheads with cash management and security issues, did he explain why he prefers dealing in cash?

If not, can you guess why?

He didn't say why, just that he preferred it. I assume to do with the fees and charges involved, along with the inconveniences of power outages.

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"I may not agree with what you say, but I will defend to the death your right to say it."

Voltaire.....(possibly)

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John Smith Gold Member Offline Australian Politics Posts: 78311 Gender:	Re: Banks, Cash and Banking Services Denial Reply #21 - Dec 30^th, 2023 at 11:35am MeisterEckhart wrote on Dec 30^th, 2023 at 9:53am: If not, can you guess why? not wanting to pay 'x' amount per transaction to the bank or card payment equipment supplier is a pretty good reason
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greggerypeccary

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Australian Politics

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Re: Banks, Cash and Banking Services Denial
Reply #22 - Dec 30^th, 2023 at 2:46pm

MeisterEckhart wrote on Dec 30^th, 2023 at 10:29am:

greggerypeccary wrote on Dec 30^th, 2023 at 9:56am:

MeisterEckhart wrote on Dec 30^th, 2023 at 9:00am:

greggerypeccary wrote on Dec 30^th, 2023 at 8:49am:

MeisterEckhart wrote on Nov 23^rd, 2023 at 5:10pm:

Bobby. wrote on Nov 23^rd, 2023 at 5:02pm:

MeisterEckhart wrote on Nov 23^rd, 2023 at 4:55pm:

Bobby. wrote on Nov 23^rd, 2023 at 4:40pm:

Any link for this story?

That was an actual account of a bullion dealer I know personally.

But, ask around. It's happening across Australia and worldwide.

But how do we know that it's not you making up bullshit?

Is it that hard for you to believe?

There are hundreds of stories online. Start with this:

https://www.thegatewaypundit.com/2023/09/what-is-going-three-separate-coin-shop-...

Lol

Well now we KNOW it's bullshit.

The Gateway Pundit Grin

No, you don't.

The Gateway Pundit Grin

You could try asking around, easy enough to do, but you'd need to talk directly to normal people.

The Gateway Pundit Grin

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GOP = Guardians Of Paedophiles

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greggerypeccary Gold Member Offline Australian Politics Posts: 154082 Gender:	Re: Banks, Cash and Banking Services Denial Reply #23 - Dec 30^th, 2023 at 2:49pm I love when you hear idiots say that stores who refuse to accept cash are breaking the law because cash is legal tender Morons
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Gnads Gold Member Offline Australian Politics Posts: 33546 Gender:	Re: Banks, Cash and Banking Services Denial Reply #24 - Dec 30^th, 2023 at 6:09pm greggerypeccary wrote on Dec 30^th, 2023 at 2:49pm: I love when you hear idiots say that stores who refuse to accept cash are breaking the law because cash is legal tender Morons At the risk of being branded by your logic .... Why isn't it legal tender.... & why should cash be refused as such?
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greggerypeccary

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Re: Banks, Cash and Banking Services Denial
Reply #25 - Dec 30^th, 2023 at 7:05pm

Gnads wrote on Dec 30^th, 2023 at 6:09pm:

greggerypeccary wrote on Dec 30^th, 2023 at 2:49pm:

I love when you hear idiots say that stores who refuse to accept cash are breaking the law because cash is legal tender Grin

Morons

At the risk of being branded by your logic ....

Why isn't it legal tender.... & why should cash be refused as such?

Oh, it IS legal tender.

But that doesn't mean that shops are obliged by law to accept it.

Their "logic" is ass-backwards.

If a shop only wants to accept credit card payments, or EFTPOS, that's perfectly legal.

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Sir Spot of Borg Gold Member Offline WE ARE BORG Posts: 26589 Australia	Re: Banks, Cash and Banking Services Denial Reply #26 - Dec 31^st, 2023 at 3:28am Yeah greg is right but on the other hand there is a 2nd hand shop in canberra that wont take cash. a 2nd hand shop! they wont be there long. . . . . Spot
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AusGeoff

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Re: Banks, Cash and Banking Services Denial
Reply #27 - Dec 31^st, 2023 at 9:55am

From the ACCC site:

Businesses can choose which payment types they
accept. It is legal for a business to specify the terms
and conditions that they will supply goods and services.
This includes whether they will accept cash payment.
However, consumers must be made aware of these
terms and conditions before they make a purchase.

Businesses should be clear and upfront about the types
of payments they accept, and the total minimum price
payable for their goods and services.

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greggerypeccary

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Re: Banks, Cash and Banking Services Denial
Reply #28 - Dec 31^st, 2023 at 10:03am

AusGeoff wrote on Dec 31^st, 2023 at 9:55am:

From the ACCC site:

Businesses can choose which payment types they
accept. It is legal for a business to specify the terms
and conditions that they will supply goods and services.
This includes whether they will accept cash payment.
However, consumers must be made aware of these
terms and conditions before they make a purchase.

Businesses should be clear and upfront about the types
of payments they accept, and the total minimum price
payable for their goods and services.

Yep.

But you still have the morons out there who say "It's legal tender, therefore they must accept it" Roll Eyes

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GOP = Guardians Of Paedophiles

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Gnads

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Re: Banks, Cash and Banking Services Denial
Reply #29 - Dec 31^st, 2023 at 10:09am

greggerypeccary wrote on Dec 30^th, 2023 at 7:05pm:

Gnads wrote on Dec 30^th, 2023 at 6:09pm:

greggerypeccary wrote on Dec 30^th, 2023 at 2:49pm:

I love when you hear idiots say that stores who refuse to accept cash are breaking the law because cash is legal tender Grin

Morons

At the risk of being branded by your logic ....

Why isn't it legal tender.... & why should cash be refused as such?

Oh, it IS legal tender.

But that doesn't mean that shops are obliged by law to accept it.

Their "logic" is ass-backwards.

If a shop only wants to accept credit card payments, or EFTPOS, that's perfectly legal.

Yeah well ... I'd only have to be refused once at a business who did that....

then take my business elsewhere.

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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais

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