please empty your brain below

I'm not sure if it was even the first credit card to feature contactless, but the Barclaycard OnePulse (which also featured an integrated Oyster card) launched quite a bit before the Olympics - 2007, it says here.

I'm sure by 2030, America will still be dragging their heels over the introduction of Chip & PIN.
The use of cash might end up being another social divide, at the moment, if I wanted to, I think I could go a whole year without physically handling any money, going a whole year without visiting a shop would be doable, but would require a bit more forward planning.
Kids aren’t allowed to have a bank account, so stuff like the chicken shop and the one pound drink will still be through the physical stuff
Many businesses love contactless and cards as the reduction in banks makes cash handling harder. It also reduces the risk of theft for shops and pubs. Expect prepaid cards for children to arrive in a big way at some point
My "sandwich man" was lukewarm about contactless until there was an inexplicable switch - in about six months his transactions went from 90% cash to 10% cash with no obvious trigger - and has now changed his mind.

Its two advantages for him are that cash is simply a time sink to handle and, interestingly, that contactless improves food hygiene in a one-person business. No more handling food, then dirty coins and notes, then food, and so on alternating. Also, cash handling fees have increased because the economies of scale are slowly vanishing, to the extent that card fees are now lower than cash fees ...
Dylan George - I was going to say the same thing.
Plus birthdays and Christmas money. A note in a card saying "your account has been credited..." just isn't the same!

Which brings us to banks! I wouldn't trust depositing money into an outside cashpoint machine - I've seen how many times it has not accepted the money - or something has gone wrong with the transaction, so always go to my one branch left to do that.

But my local supermarket suddenly closed one of its two cashpoint machines a few weeks ago, so I guess withdrawals are down enough to make it un-viable to maintain both of them!
There are already plenty of companies eager to offer debit cards to children. I imagine this will be mainstream in 10 years’ time.
One advantage of cash that people often miss is refunds. Refunds to cards often takes days to weeks, cash refunds are instant.

Also the thing about contactless is that fraudulent transactions or those on stolen cards are the banks' responsibility, whereas if someone steals your PIN then you are responsible.

I like to use cash outside the UK because I am in control of the exchange rate. (I obtain the foreign cash I need in countries which have bureaux de change that don't rip you off, before anyone says that I'm not in control of the exchange rate at an ATM.)
Ho ho ho, I predict the growth (regrowth) of a barter/exchange economy that does not use cash/cards - especially for those who don't like having their lives 'monitored'.
Kids can have bank accounts with Debit Cards from 11, and the advent of GoHenry for example allows them a debit card (pre-paid from their parents) at 8 it seems... so I don't think in 10 years time this will be a barrier to doing away with cash!
I use cash as much as possible to limit the extent to which banks can analyze my spending habits. This is to help try to stop some of them advertising to me products I do not want, even with marketing preferences set properly...
Ah yes, contactless vision. As the only remaining bespectacled person in my contact-wearing family, will I hold out until 2030?










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