Visa looking to help small businesses go cashless

originally posted by: Shoujikina
a reply to: Metallicus

I only use cash unless I purchase something online.

You mean, "if"? If you use 'unless', it means you do not use cash when purchasing something online, but you use it every other time.

That's probably exactly what the meant. You can't use cash online.

originally posted by: snowspirit

originally posted by: TruthxIsxInxThexMist
a reply to: ElectricUniverse


Drug dealers & Prostitutes won't be able to do cash deals either, so they'll be wanting some other type of payment and they won't be able to do that by card.

That'll turn into barter and trade deals, email money transfers will be noticeable if constant. It can be done, but people will have to set up a legal business to hide the illegal one. Babysitting, dog walking, housecleaning, the tax man will be waiting for his share.
Then the Visa card reader could be set up on their iphone🤔

Hookers have been taking credit cards for decades. Didn't they used to use those old carbon paper machines with the handle that you pull across to copy the details, back before things went wireless.

originally posted by: Terminal1
a reply to: snowspirit

Agree...

Poor Tommy won't be getting paid for mowing the lawn until he has a card reader on his phone. Jane won't get paid running a lemonade store with a car wash on the side either.

Seems to me a cashless society would stifle innovation and entrepreneurial skills in development. Especially with VISA in your pocket leaving a paper trail of transactions for the taxman to come collect his due.

It's 2021, Tommy and Jane have had cashless payment apps on their phones since the 2010s. I've been using cashless payment services for nearly 20 years back before phones were smart. In Africa and India, and a lot of Asia its normal for small payments to be done electronically anywhere that there is a phone signal, due to couriers being paid on delivery and not wanting to carry cash due to the risk of robbery. Where there isn't a phone signal people take payment in pre paid cards.

These days, even my watch does cashless payments.

Unless I'm at a flee market or a thrift store I almost never use cash.

originally posted by: AaarghZombies

originally posted by: Terminal1
a reply to: snowspirit

Agree...

Poor Tommy won't be getting paid for mowing the lawn until he has a card reader on his phone. Jane won't get paid running a lemonade store with a car wash on the side either.

Seems to me a cashless society would stifle innovation and entrepreneurial skills in development. Especially with VISA in your pocket leaving a paper trail of transactions for the taxman to come collect his due.

It's 2021, Tommy and Jane have had cashless payment apps on their phones since the 2010s. I've been using cashless payment services for nearly 20 years back before phones were smart. In Africa and India, and a lot of Asia its normal for small payments to be done electronically anywhere that there is a phone signal, due to couriers being paid on delivery and not wanting to carry cash due to the risk of robbery. Where there isn't a phone signal people take payment in pre paid cards.

These days, even my watch does cashless payments.

Unless I'm at a flee market or a thrift store I almost never use cash.

Teenagers do not need cell phones. Mine are 12 and 13, they can have one when they turn 18 and are legal adults.

Countless generations of teens grew up doing neighborhood work & being paid in cash. Kids today are not special, they can manage handling cash today still.

cash is king.

originally posted by: Nyiah

originally posted by: AaarghZombies

originally posted by: Terminal1
a reply to: snowspirit

Agree...

Poor Tommy won't be getting paid for mowing the lawn until he has a card reader on his phone. Jane won't get paid running a lemonade store with a car wash on the side either.

Seems to me a cashless society would stifle innovation and entrepreneurial skills in development. Especially with VISA in your pocket leaving a paper trail of transactions for the taxman to come collect his due.

It's 2021, Tommy and Jane have had cashless payment apps on their phones since the 2010s. I've been using cashless payment services for nearly 20 years back before phones were smart. In Africa and India, and a lot of Asia its normal for small payments to be done electronically anywhere that there is a phone signal, due to couriers being paid on delivery and not wanting to carry cash due to the risk of robbery. Where there isn't a phone signal people take payment in pre paid cards.

These days, even my watch does cashless payments.

Unless I'm at a flee market or a thrift store I almost never use cash.

Teenagers do not need cell phones. Mine are 12 and 13, they can have one when they turn 18 and are legal adults.

Countless generations of teens grew up doing neighborhood work & being paid in cash. Kids today are not special, they can manage handling cash today still.

Need, no.

Already have, yes.

I'm merely taking note of the elephant in the room, that in 2021 almost all American citizens between the ages of 7 and 70 have access to cashless payment systems.

If the kids don't have a phone then their parents can still us pre paid debit cards or just plain pay the money straight into their bank accounts.

Kids these days have grown up in a world where cash isn't necessary.

I wouldn't want to be you when your kids reach 16 and start pestering you for a phone because their friends all have one.

I understand where you are coming from, don't get me wrong, but I think that you will cave in.

Everyone in my family had a phone when they started needing to ride public transport alone. It was a matter of safety more than anything else. Plus it helps that you can recharge your subway card by app.

originally posted by: RoScoLaz5
cash is king.

Cash is just a more modern form of barter token, which in itself is just a more modern form of promissory note. It's like a casino chip, or those tokens that you get at an arcade. It has little intrinsic value but can be traded for something that it does.

For 99% of the transactions that the average person makes there is no substantive difference between using cash and transferring money electrically from one fund account to another, except for the fact that something physical has been transferred from your hand to theirs.

The main difference is that if you get mugged for your credit card your bank will almost certainly refund you any money that's charged to it, but if you get mugged for a suitcase of unmarked bills you're not going to get it back and you're likely to get a visit form the cops to make sure that you weren't planning to use that money for anything illegal.

So far, the main arguments that I've heard for using cash seem to be from people who are paranoid about the feds knowing where they buy their groceries, people who want to avoid paying sales tax, and people who want to buy drugs or time with hookers. None of which I find convincing.

I carry my phone around with me most places, and my phone does electronic payments. This means that I can carry hundreds of dollars worth of cash equivalent without actually having to worry about having actual cash on me. If I'm stopped by the cops with $500 in my back pocket they are going to ask questions. Probably involving whether I'm buying or selling drugs. My phone, they will barely notice it's there because everyone has one.

Isn't that racist?????

We all know Black people do not have ID or credit cards....or internet for that matter...

a reply to: ElectricUniverse

There is more to consider than what "credit card and banking institutions" claim is the main reason for implementing such "cashless society". In the eyes of the globalists, credit card and banking institutions a "cashless society" would only affect "the black market", and they claim this would be the main reason for "the war on cash".

:cough: bullsh#t :cough:

Cash allows anonymity.

And anonymity scares the bejesus out big gov't, big corporations, etc.

It's that simple.

originally posted by: AaarghZombies

originally posted by: Nyiah

originally posted by: AaarghZombies

originally posted by: Terminal1
a reply to: snowspirit

Agree...

Poor Tommy won't be getting paid for mowing the lawn until he has a card reader on his phone. Jane won't get paid running a lemonade store with a car wash on the side either.

Seems to me a cashless society would stifle innovation and entrepreneurial skills in development. Especially with VISA in your pocket leaving a paper trail of transactions for the taxman to come collect his due.

It's 2021, Tommy and Jane have had cashless payment apps on their phones since the 2010s. I've been using cashless payment services for nearly 20 years back before phones were smart. In Africa and India, and a lot of Asia its normal for small payments to be done electronically anywhere that there is a phone signal, due to couriers being paid on delivery and not wanting to carry cash due to the risk of robbery. Where there isn't a phone signal people take payment in pre paid cards.

These days, even my watch does cashless payments.

Unless I'm at a flee market or a thrift store I almost never use cash.

Teenagers do not need cell phones. Mine are 12 and 13, they can have one when they turn 18 and are legal adults.

Countless generations of teens grew up doing neighborhood work & being paid in cash. Kids today are not special, they can manage handling cash today still.

Need, no.

Already have, yes.

I'm merely taking note of the elephant in the room, that in 2021 almost all American citizens between the ages of 7 and 70 have access to cashless payment systems.

If the kids don't have a phone then their parents can still us pre paid debit cards or just plain pay the money straight into their bank accounts.

They can have one of those accounts, when they're old enough to earn a direct deposited paycheck. No sooner. And I'm still not buying them prepaid cards, we don't use them.

Kids these days have grown up in a world where cash isn't necessary.

Very necessary still. You tech nuts are very much #ed when power goes out and your systems no longer work. I grew up in Florida, trust me, tech has no priority preference down there, let alone in Hurricane Season. Cash DOES.

I wouldn't want to be you when your kids reach 16 and start pestering you for a phone because their friends all have one.

I understand where you are coming from, don't get me wrong, but I think that you will cave in.

Everyone in my family had a phone when they started needing to ride public transport alone. It was a matter of safety more than anything else. Plus it helps that you can recharge your subway card by app.

And I think you're fairly weak-spined. They will not be pestering us for one in a few years because they know full well it's not happening. Same for the iPads, they're not getting them and they know it.

They need this crap today like us 90's kids needed the beepers.

And that is to say, they don't. They're not getting junk any more than we did, and we didn't get our fad tech then, either. Man up and stand firm, Jesus.

originally posted by: testingtesting
Also cash won't be worth anything anyhow If SHTF so does it matter now? you can still buy stuff without cash what will be worth stuff when SHTF.

I think you've got it backwards. In that type of situation, banks would probably be the first to fail. What happens then when you try to pay for your groceries and your card is declined? Give me cash any day.

originally posted by: Shoujikina
a reply to: ClovenSky

So they would spend minutes fumbling through every purse to pay the small amounts.

When my turn came, I had the exact change, handed it in, took the receipt, and was out there almost not even slowing my walk for the minuscule duration of the transaction.

You may debate on both sides, but often cash is just so much faster to pay, as you never have to WAIT for a machine, for inputting numbers, fumbling the numbers and having to re-input them, for the 'order to go through' or whatnot. I don't know what those machines do, but card paying SLOWS DOWN EVERYTHING.

That is so true! I don't know how many times I've had to stand there in line while one of the cashiers pushes the wrong button and the manager has to be called to fix the problem. Twenty minutes of this is not a quicker transaction. Which is what was promised by going to credit cards.

originally posted by: Xtrozero
Isn't that racist?????

We all know Black people do not have ID or credit cards....or internet for that matter...

You beat me to it.

Funny how nobody has mentioned a major downside to cashless businesses. If a business goes along with Visa in this, that business has just given Visa a vote on what that business does.

I'll give an example.

Look at what is happening with My Pillow. Several store chains have stopped selling them because of the owner's political views. Imagine that you are a small store that sells My Pillow. You go cashless with Visa. Visa comes to you and says that they won't process your store's payments unless you stop selling My Pillow.
If you think that this can't happen check this out.

www.eff.org...

originally posted by: Nyiah

originally posted by: Shoujikina
a reply to: Metallicus

I only use cash unless I purchase something online.

You mean, "if"? If you use 'unless', it means you do not use cash when purchasing something online, but you use it every other time.

Is English even your mother tongue?

I think Shoujikina has it right. Show me an online purchase where you can pay by cash. I can't do it, so if you can, tell me your secret.

originally posted by: AaarghZombies

originally posted by: TinfoilTP
It would keep the poor, homeless, and anyone else with a terrible credit rating from having the ability to even feed themselves.

The mark of the beast, you don't have one you will be sheep dip out of luck.

No, no, and no. This is only a payment infrastructure, it supports credit cards but you can also use it for debit cards and pre paid cards. Anybody with a compatible card, phone or smart device can pay, so even if you can't get a credit card you can pay using any other compatible card.

If you have cash you simply buy a pay as you go gift card over the counter and then swipe it.

Cash is a pick pocket's pay day. A pre paid visa card needs a pin so they can't use it.

This isn't a conspiracy it's a company trying to get you to use its product.

You people. I'm sure every poor or homeless person has enough cash on hand to open up an account so as to be able to use your cashless society. And then, you said that cash is a pick pocket's paradise. So, let's blame cash because people steal and get rid of it. Instead of trying to go after the criminals and stop them. Kind of like the gun grab you people like so well. Cash doesn't cause people to steal, people cause people to steal. Learn it. But, don't come back until you do.

Double post.

originally posted by: [post=25846488]AaarghZombies:
"Unless I'm at a flee market or a thrift store I almost never use cash."

I'd flee from that market as well if they didn't have any fleas.

originally posted by: AaarghZombies

originally posted by: Nyiah

originally posted by: AaarghZombies

originally posted by: Terminal1
a reply to: snowspirit

Agree...

Poor Tommy won't be getting paid for mowing the lawn until he has a card reader on his phone. Jane won't get paid running a lemonade store with a car wash on the side either.

Seems to me a cashless society would stifle innovation and entrepreneurial skills in development. Especially with VISA in your pocket leaving a paper trail of transactions for the taxman to come collect his due.

It's 2021, Tommy and Jane have had cashless payment apps on their phones since the 2010s. I've been using cashless payment services for nearly 20 years back before phones were smart. In Africa and India, and a lot of Asia its normal for small payments to be done electronically anywhere that there is a phone signal, due to couriers being paid on delivery and not wanting to carry cash due to the risk of robbery. Where there isn't a phone signal people take payment in pre paid cards.

These days, even my watch does cashless payments.

Unless I'm at a flee market or a thrift store I almost never use cash.

Teenagers do not need cell phones. Mine are 12 and 13, they can have one when they turn 18 and are legal adults.

Countless generations of teens grew up doing neighborhood work & being paid in cash. Kids today are not special, they can manage handling cash today still.

Need, no.

Already have, yes.

I'm merely taking note of the elephant in the room, that in 2021 almost all American citizens between the ages of 7 and 70 have access to cashless payment systems.

If the kids don't have a phone then their parents can still us pre paid debit cards or just plain pay the money straight into their bank accounts.

Kids these days have grown up in a world where cash isn't necessary.

I wouldn't want to be you when your kids reach 16 and start pestering you for a phone because their friends all have one.

I understand where you are coming from, don't get me wrong, but I think that you will cave in.

Everyone in my family had a phone when they started needing to ride public transport alone. It was a matter of safety more than anything else. Plus it helps that you can recharge your subway card by app.

No on every point you just said.

"in 2021 almost all American citizens between the ages of 7 and 70 have access to cashless payment systems."

Kids these days have been around murder since Cain and Able. Does that make it right to murder? Yes, according to you. I don't know how many times my bank has had to issue me a new debit card because some system somewhere was hacked. Your cashless society is a hacker's dream! Not one single person has ever hacked into my wallet. Not one!

"Kids these days have grown up in a world where cash isn't necessary."

Cards and cell-phones were not necessary because cash came first. There were perfectly good methods to use, that already worked well, before credit cards and cell-phones came along. So, you're looking at it backwards.

"I wouldn't want to be you when your kids reach 16 and start pestering you for a phone because their friends all have one. "

I wouldn't want to be you when, after you caved and gave your kids everything they "wanted," they turn out to be shallow adults or worse. Didn't your momma ever tell you that just because all your friends are jumping off cliffs, that doesn't mean you need to do it as well? Sheesh!

"Everyone in my family had a phone when they started needing to ride public transport alone. It was a matter of safety more than anything else."

So, rather than work on fixing the reason it wasn't safe, i.e., catch and prosecute criminals, just let the criminals do whatever they want. That is what you're saying in your roundabout way. I think your lackadaisical opinion is why society is where it's at these days.

originally posted by: TrulyColorBlind

So, let's blame cash because people steal and get rid of it. Instead of trying to go after the criminals and stop them. don't

It's already happening, just not with cash. Our State made it illegal to leave your vehicle running with out your being there because people were stealing them.

originally posted by: AaarghZombies

originally posted by: RoScoLaz5
cash is king.

they will barely notice it's there because everyone has one.

No, everyone does not have one.