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A comment on In Urban China, Cash Is Rapidly Becoming Obsolete. Parent comment

Re:In Urban China, Cash Is Rapidly Becoming Obsolete by blahedo on Monday July 17, 2017 @03:49AM (#14786441)
> as opposed to cash, which is much slower with people counting out amounts and cashiers counting out change

I can't really let that comment stand. Cash transactions go way faster than credit card transactions in my experience. (They'd go faster still if prices were posted with tax included, but that's a different issue.) Hand over the card, swipe the card, hand back the card, wait for the receipt to print, get a pen, sign the receipt, hand that back VS Hand over the money, count the change, hand that back.

Don't get me wrong, I can imagine how credit card interactions should be able to go faster. But in practice, they don't. If anything, they've gotten worse lately, since the chip cards take a while to do their processing (and then you still need to sign the stupid LCD screen with the terrible stylus).

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by realusername on Monday July 17, 2017 @04:44AM (#14786675)
This is an American perspective, on my case cards are much faster than cash, I just tap the card, and it's done instantly.
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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by hn_throwaway_99 on Thursday July 20, 2017 @01:19AM (#14810161)
The vast majority of places where I have to wait in line to pay (lunch spot near work, CVS, Starbucks, etc.) I don't have to sign because the amount is below the limit (usually $25 or $50). Pretty much the main place I need to sign is at restaurants, and then I usually don't care because I'm sitting down, in conversion, and not in a rush.
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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by etblg on Monday July 17, 2017 @10:53AM (#14788986)
It works better in places that have tap to pay (you know, the developed world), you just tap your card on the terminal and it's done, quicker than swiping, quicker than cash even.
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