Re:New York City considering legislation to ban cashless ret...
by soulnothing on Friday March 08, 2019 @09:51AM
(#19337925)
Philadelphia just did this as well. With a higher percentage in poverty there. I see this as beneficial. There are a number of areas where people for various reasons can't get a checking/bank account.
I find it partially annoying that some of the cash only stores I go into. Gouge with a 5$ ATM fee, then I have to hold change. But again not everyone has access to a bank.
What I found interesting is the gloss over of the Septa Key (new transit card) system, during this discussion. While it was botched. It was initially positioned as a debit card for those who couldn't get a bank account. Available to load with cash at any kiosk and making it a master card debit card. It actually saved me when I had fraud on one of my cards. I switched to it as my primary payment method while awaiting a new card.
Amazon was trying something similar. Provide cash at I think CVS or somewhere else. Then it goes into your Amazon gift balance.
In the end. I think these cashless laws are good. Even if the above work perfectly. Some people don't want a strong history attached with their purchases.
I find it partially annoying that some of the cash only stores I go into. Gouge with a 5$ ATM fee, then I have to hold change. But again not everyone has access to a bank.
What I found interesting is the gloss over of the Septa Key (new transit card) system, during this discussion. While it was botched. It was initially positioned as a debit card for those who couldn't get a bank account. Available to load with cash at any kiosk and making it a master card debit card. It actually saved me when I had fraud on one of my cards. I switched to it as my primary payment method while awaiting a new card.
Amazon was trying something similar. Provide cash at I think CVS or somewhere else. Then it goes into your Amazon gift balance.
In the end. I think these cashless laws are good. Even if the above work perfectly. Some people don't want a strong history attached with their purchases.