How do they save from not handling cash? In the US, some businesses apply a
surcharge to card transactions, others are cash only. Since the card company
takes a taste off the transaction top, and the bank doesn't off a cash
transaction, How can this be?
As someone that uses mostly plastic, I would like to know.
----- Original Message -----
From: "Nathan Wajsman" <photo@xxxxxxxxxxxxxx>
To: "Olympus Camera Discussion" <olympus@xxxxxxxxxxxxxxxxx>
Sent: Saturday, February 24, 2018 1:22:51 AM
Subject: Re: [OM] £ note questions
NW Europe shows the way—in Scandinavia people are using less and less cash. In
Denmark, the country with which I am most familiar, more and more shops are
stopping taking cash. Clearly, they have calculated that the loss of business
from those few customers who would insist on paying that way is more than made
up for by the savings from not having to handle cash anymore.
Cheers,
Nathan
Nathan Wajsman
Alicante, Spain
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> On 24 Feb 2018, at 02:46, Ken Norton <ken@xxxxxxxxxxx> wrote:
>
> When we moved to Alaska, one of my daughters and I did the drive up
> through Canada. We were warned to take tons of Canadian money because
> you can't always pay with Credit Card at various gas stations, hotels,
> restaurants, etc. It turns out that we were absolutely golden and paid
> with the card for everything except for a couple of government
> campgrounds that required dollars to be stuffed into an envelope. I
> had $20 in Canadian or something like that when I left because I
> couldn't get any money exchanged. I'm glad I didn't bother. It was all
> good running plastic.
>
> The issue, we discovered, is that not every place will allow for
> transactions on Debit Cards. But Credit Cards worked fine. Also,
> pay-at-the-pump, in Canada, was with the new chip-readers. It took me
> two gas stations to figure that out. Swiping didn't work. In a couple
> of cases, AMEX wouldn't work, but VISA would and visa-versa.
>
> My boss, who did the drive a couple months before me, went through
> almost $500 in cash in comparison. He was amazed that I managed to
> pull it off without spending hardly any. But he didn't camp along the
> way like we did.
>
> AG
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