Re:Sweden's cashless society is no longer a utopia
by zmk_ on Saturday November 10, 2018 @10:25PM
(#18424854)
They would have to pay commission on every transaction to whoever owns the terminal and the network.
Re:Sweden's cashless society is no longer a utopia
by megapatch on Sunday November 11, 2018 @02:56AM
(#18425420)
Actually they pay about the same commission for cash (yes!) when they take it to the bank.
Re:Sweden's cashless society is no longer a utopia
by aembleton on Sunday November 11, 2018 @02:48AM
(#18425414)
You have to pay someone to take away the cash and its often slower than tapping your card on a reader.
Re:Sweden's cashless society is no longer a utopia
by zmk_ on Sunday November 11, 2018 @12:32PM
(#18427463)
I have not said that it is not worth it. But it really depends on the business and the arrangement. Some banks charge you a fixed minimum rate making small purchases relatively more expensive for the seller.
Re:Sweden's cashless society is no longer a utopia
by msh on Sunday November 11, 2018 @03:38AM
(#18425494)
But receiving cash also carries a lot of cost
Re:Sweden's cashless society is no longer a utopia
by stapled_socks on Sunday November 11, 2018 @05:13AM
(#18425717)
People tip a lot more when paying in cash. Also, they can pocket some of the cash payments and avoid taxes.
You can withdraw cash by credit card at the ticket desk, to take to the bar and pay for drinks. It's annoying for people like me, occasional visitors from Denmark.
I don't know why they don't have the chip and pin terminal at the bar.