Once again the nice old SA chap was outside M&S with his collecting tin, but no card reader. I do very much support the SA, especially for their work with homeless people, but I rarely carry cash any more, same as many people I expect - they must surely be missing out?
Last December, on a very cold and dismal day, their band was playing carols outside M&S, I went in, just to use the cash machine, in order to have something to give them.
Always have some cash in my purse. Always use parking app too so no need for coins BUT today the app wouldn't work and I didn't have enough coins to pay. People definitely treated me with suspicion as I walked round the car park asking if anybody had change for a £10 note, really felt people thought I was on the fiddle somehow. One old guy offered to pay my parking for me but I declined although thanked him profusely, I wondered if others I'd asked thought that was what I wanted. Eventually a young woman with a pushchair changed the note for me. Won't be getting caught like that again.
I agree. And all these charities who still supply little envelopes to pop your coins or notes in. Who has real money lying around anymore? Question, Do charities not get free card readers given them? I assume they get reduced fees on transactions too? I've no idea really.
No they don't, they have to pay the same as any other organisation, no reduced fees either
The other thing is for some you need a signal, I recently went to an event up in the Dales and they were sending people to the nearby shop to get cash as the wifi wasn't working
I agree (the use of) a card reader costs money, but I think most people, also these from the SA, have a smartphone with online pay facility? When in London I pay my copy of the Big Issue with my phone 🤷🏼♀️
I wish I knew how all these clever payment methods work. I've only just got used to flashing my credit card at the till in Tesco's. I've never learnt how to get or use a QR code and have no idea what a banking app is. Is there some handy leaflet I could get that explains all this new stuff in words of one syllable?
I'm only 73 - technology is likely to change many times before I pop my clogs!
SumUp card readers cost about £20.00 . Sumup charge 1.69% transaction fee . Personally I think that's reasonable given the reduced admin time to pay money in, accounting, and the likely extra donors who don't carry cash.
Sum Up hand held card reader cost £20.00. Sum up charge 1.69 %=transaction fee which I think is reasonable given the time saved in banking cash. Even the street beggars carry them round here.
Its better to teach kids the value of money with cash. They spend on a card and wonder where its all gone in a flash. Cash and card all the time for me.