| Σελίδες για το θέμα: < [1 2] | Poll: How much cash do you usually have on you? Αποστολέας σε συζήτηση: ProZ.com Staff
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Lieven Malaise
Βέλγιο
Local time: 14:01
Μέλος από 2020
Γαλλικά σε Ολλανδικά
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Simon Turner wrote:
I always have cash with me and try never to use a card at small shops. Depending on system, a card costs them about 2.5% on each purchase.
That's an awful lot. In Belgium we have the system Payconiq for QR-code payments through your smartphone. Professional users pay 18 euros a year for an account plus 0,06 euros per transaction in a shop or 0,20 euros per online transaction (web shops).
Besides that most dealers and shop owners prefer cash for obvious shady tax reasons. Forcing them to offer an electronic payment method is one way to avoid tax evasion. But it's also customer-friendly. Most of the time I simply don't have cash on me, and I'm very comfortable with that.
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In Portugal, we have a similar mobile payment system - MB WAY - that lets users make purchases, transfer money, and withdraw cash using their smartphones. For the moment, it’s also possible to send and receive money to and from mobile phone numbers in Spain and Italy. AFAIK there is a project in Europe for MB Way to join forces with Payconiq in Belgium, Bluecode in Germany and Austria, MobilePay in Finland and Denmark, Swish in Sweden, TWINT in Switzerand and VIPPS in Norway to create the Eur... See more In Portugal, we have a similar mobile payment system - MB WAY - that lets users make purchases, transfer money, and withdraw cash using their smartphones. For the moment, it’s also possible to send and receive money to and from mobile phone numbers in Spain and Italy. AFAIK there is a project in Europe for MB Way to join forces with Payconiq in Belgium, Bluecode in Germany and Austria, MobilePay in Finland and Denmark, Swish in Sweden, TWINT in Switzerand and VIPPS in Norway to create the European Mobile Payment Systems Association. ▲ Collapse
| | | | Samuel Murray 
Ολλανδία
Local time: 14:01
Μέλος από 2006
Αγγλικά σε Αφρικανικά
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Marjolein Snippe wrote:
Most shops [in the Netherlands] prefer cards now...
Paying by card is so ubiquitous now that it is actually annoying when I encounter a sales point that accepts only cash. At one of my associations, we pay using tokens but you buy the tokens using cash; at another of my associations, we pay using tokens but you buy the tokens using card.
| | | | | Once I wanted to use a public restroom | May 19 |
It was back at the time when they weren't free (most of them are free now) and had no payment terminals. Cash only, just like we like it. The woman who collected cash told me that I could make the payment to her phone number. I opened my banking app and found that she had no card attached to that number. When I told her about it, she gave me a look full of reproach and said that she just wanted me to top up her mobile account. She was so old-school that she didn't know she could attach a bank ca... See more It was back at the time when they weren't free (most of them are free now) and had no payment terminals. Cash only, just like we like it. The woman who collected cash told me that I could make the payment to her phone number. I opened my banking app and found that she had no card attached to that number. When I told her about it, she gave me a look full of reproach and said that she just wanted me to top up her mobile account. She was so old-school that she didn't know she could attach a bank card to her phone number. The last time I had a payment problem was when I had to toss my mobile up in the air so it could get the payment message through in a place where internets were not available most of the time due to jamming. My bank was the only one that made it possible to pay through SMS, and even the smallest shops would accept payments through such transfers. Users of other banks' cards had payment problems way more frequently ▲ Collapse
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| Poor Network and minimal acceptance | May 19 |
In my part of Nigeria, once in a while there are network issues such that though the electronic transactions might go through, the recipient doesn't receive the money immediately or receive it at all. Other times, the transaction simply doesn't go through. This is happening much less frequently with the advent of smaller fintech banks who deal mostly with electronic transactions. However in many places you still find people who only accept cash due to bad experiences they had in the past. So yes... See more In my part of Nigeria, once in a while there are network issues such that though the electronic transactions might go through, the recipient doesn't receive the money immediately or receive it at all. Other times, the transaction simply doesn't go through. This is happening much less frequently with the advent of smaller fintech banks who deal mostly with electronic transactions. However in many places you still find people who only accept cash due to bad experiences they had in the past. So yes, I do carry small amounts of cash ▲ Collapse
| | | | B&B FinTrans
Γερμανία
Local time: 14:01
Μέλος
Αγγλικά σε Γερμανικά
Times are changing. Even early adopters of digital payments, such as Norway and Sweden, have recently begun to reconsider their drive toward fully cashless societies. Concerns over the vulnerability of purely digital systems to security threats have prompted authorities to reverse course. Governments are now urging citizens to use cash more regularly and to keep at least a week's supply on hand, aiming to improve crisis preparedness.
In Sweden, the central bank governor has called o... See more Times are changing. Even early adopters of digital payments, such as Norway and Sweden, have recently begun to reconsider their drive toward fully cashless societies. Concerns over the vulnerability of purely digital systems to security threats have prompted authorities to reverse course. Governments are now urging citizens to use cash more regularly and to keep at least a week's supply on hand, aiming to improve crisis preparedness.
In Sweden, the central bank governor has called on the banking sector to act swiftly in safeguarding cash access and expanding offline payment options.
And Norway's former Minister of Justice and Public Security warned: "If no one pays with cash and no one accepts cash, cash will no longer be a real emergency solution once the crisis is upon us."
https://www.theguardian.com/world/2024/oct/30/sweden-and-norway-rethink-cashless-society-plans-over-russia-security-fears ▲ Collapse
| | | | B&B FinTrans
Γερμανία
Local time: 14:01
Μέλος
Αγγλικά σε Γερμανικά
ADIE Translations wrote:
I very much like living in Germany, but some things are a tad old-fashioned, especially in the south where I'm based
Yes, but if you traveled through rural Japan before the COVID era (I really do love those 50 yen coins) and then returned to Germany, you might've felt like you'd landed in a cashless utopia! 
| | | | Edwin den Boer
Ολλανδία
Local time: 14:01
Μέλος από 2009
Αγγλικά σε Ολλανδικά
On Tuesday, the Dutch National Bank (DNB) and several NGOs recommended keeping €70 per adult and €30 per child available in cash in order to deal with emergencies, such as a major power outage.
I don't have that amount in my wallet at the moment. I used to prefer paying cash for privacy reasons, but I stopped during Covid. Now I like using the self-checkout in supermarkets, and it feels inconvenient to bring a thick wallet everywhere. Small shops don't like to be paid in cash be... See more On Tuesday, the Dutch National Bank (DNB) and several NGOs recommended keeping €70 per adult and €30 per child available in cash in order to deal with emergencies, such as a major power outage.
I don't have that amount in my wallet at the moment. I used to prefer paying cash for privacy reasons, but I stopped during Covid. Now I like using the self-checkout in supermarkets, and it feels inconvenient to bring a thick wallet everywhere. Small shops don't like to be paid in cash because of the security risks and high deposit costs.
I do notice the downsides of paying electronically. Last year an ATM randomly swallowed my debit card while I was travelling. Eventually my own bank paid back the money that was debited, from a budget they reserved for such mishaps, instead of the bank that was responsible. Internationally, there are certain products I can't order because I don't have a credit card at the moment. Yesterday I left the car wash with half of my car covered in soap suds. I ran out of coins after the chip in my debit card failed to perform a contactless payment, which was the only digital option.
I wish we'd switch to cryptocurrencies for both local payments with privacy and worldwide payments accessible in every jurisdiction. Ten years ago, it wasn't possible to implement crypto payments at scale without high fees and exchange rate risks, but the technology has progressed to become competitive with centralized solutions. Thousands of transactions can be validated in a single mathematical proof today.
[Edited at 2025-05-22 16:13 GMT] ▲ Collapse
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