1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  3. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

Kiosk payments

Discussion in 'City Talk' started by Ricky, Sep 8, 2021.

  1. Kevin1954

    Kevin1954 Squad Player
    Supporter P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 9, 2018
    Messages:
    4,252
    Likes Received:
    3,174
    I don’t, because it’s a multi national retail business but that’s what £6m receipts a month income , meant. ( 5 years ago)
    The costs for taking cash to and from establishments three times a week by well known cash transportation companies was absurdly, absurdly, huge. Times have moved on since I retired , but based on the latter comment I bet all retail would wish for cashless?

    I may be wrong about the transaction charges (age!) , but hey it’s not a deal breaker and the principle still applies to the interesting ( for me ) debate.
     
  2. Kevin1954

    Kevin1954 Squad Player
    Supporter P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 9, 2018
    Messages:
    4,252
    Likes Received:
    3,174
    Can you get a Moss alarm for a Raleigh Chopper;)
     
    ahar964 likes this.
  3. trevor

    trevor Squad Player
    Supporter

    Blog Posts:
    0
    Joined:
    Apr 9, 2018
    Messages:
    3,928
    Likes Received:
    5,253
    Based on say takings of £5000 per week
    Card charges at an industry average of 1.5% £75 plus say 2 mobile terminals @ £15 Total charges £90
    Banking on £5000 a week
    Paying in charge at 35p per £100 £17.50 Withdrawal fee on £1000 change £3.50 Total cash charge £21
    Change needs is very limited because most users keep a float and do not pay coins or £5 notes in and keep it for change
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  4. Kevin1954

    Kevin1954 Squad Player
    Supporter P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 9, 2018
    Messages:
    4,252
    Likes Received:
    3,174
    Thanks Mike, we aren’t silly, of course, but if a pub or restaurant which we specifically go to for a meal, as opposed to just get lathered, then a reasonable tip is always given as long as the staff member who made it a nice experience, gets the reward in the form of a tip. Anywhere between a couple of quid and a fiver.

    This notion of an obese beer swilling landlord sat of the end of the bar in a drunken fog, on a tall buffet, is just a smokescreen . It’s not inner City boozing like it used to be up Ivegate in the 60’s-80’s anymore!

    This doesn’t mean I decry anyone who doesn’t leave a tip…..it’s a personal thing.
     
    Interested Bystander likes this.
  5. Parader

    Parader Impact Sub

    Blog Posts:
    0
    Joined:
    Apr 11, 2018
    Messages:
    710
    Likes Received:
    1,304
    Well said.

    I jacked my job in as soon as they insisted on paying my wages into a bank account. That's my money - it should be going straight into my hand.
     
    Iwasvp 73 likes this.
  6. Storck

    Storck Regular Starter

    Blog Posts:
    0
    Joined:
    Apr 8, 2018
    Messages:
    26,736
    Likes Received:
    20,219
    And that is the point I was making. It is cheaper for companies to take card rather than handle cash no matter what the cost of accepting cards which has massively reduced over the past decade.

    Tesco are trialling stopping cash back as it was costing them to get the cash in to give out. The original reason behind cash back was it was cheaper to give it back to customers, and pay the card charges, than bank it
     
    Kevin1954 likes this.
  7. NorthernMonkey

    NorthernMonkey Impact Sub
    P.L. 20/21 Entrant

    Blog Posts:
    0
    Joined:
    Apr 10, 2018
    Messages:
    5,208
    Likes Received:
    9,709
    d095ce2cda2da2f537652d4e10f9d5b1.jpg
     
  8. Mike Hunt

    Mike Hunt Impact Sub

    Blog Posts:
    0
    Joined:
    Apr 14, 2018
    Messages:
    1,881
    Likes Received:
    4,629
    Can’t agree more, I usually put a couple of quid in or if it’s on the card or expenses round it up to the nearest five or ten. Never given a tip to the bar though, bought the bar staff a drink if I’ve had a big win on the fruit machine in the club.

    Reminds me of the start of Reservoir Dogs this discussion :)
     
  9. Mike Hunt

    Mike Hunt Impact Sub

    Blog Posts:
    0
    Joined:
    Apr 14, 2018
    Messages:
    1,881
    Likes Received:
    4,629
    Which is why HMG and HMRC are keen to reduce the use of cash, it’s better for the tax take.
     
  10. Rogered Tart

    Rogered Tart Squad Player
    P.L. 20/21 Entrant P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 10, 2018
    Messages:
    11,238
    Likes Received:
    24,808
    Not all heroes wear capes.
     
    NorthernMonkey likes this.
  11. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    You are just as likely to have money taken out through fraud at an ATM or cash taken out of your pocket in crowds than you are by card fraud. I had 100 euros nicked in Paris. Never felt a thing.

    At least if you don't use cash you can make a claim from the bank. Banks won't refund cash you have nicked.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Kevin1954 and Storck like this.
  12. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    My business bank charge more to pay in cash than a cheque.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Storck likes this.
  13. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    Need one. Choppers can go for up to £5k in original mint condition, should have kept mine (& the 1973 Soft top Spitfire I had) and cashed in on it years later.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Kevin1954 likes this.
  14. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    Mine does. My NHS Nurse daughter !!!
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Kevin1954, Bronco and StaffordBantam like this.
  15. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    Too right, stop all these thieving self employed tradesmen. Best thing that happened to most of them was SEISS grants being based on provable income.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  16. ahar964

    ahar964 Squad Player
    Supporter

    Blog Posts:
    0
    Joined:
    Apr 14, 2018
    Messages:
    2,160
    Likes Received:
    2,834
    It amazes me that some businesses still pay by cheque. We just have 2 customers who still refuse to pay by bacs. They generally pay on time so I just can't see why they want the hassle and the extra expense themselves It's also pain in the arse having someone go the bank to pay it in.
     
  17. Storck

    Storck Regular Starter

    Blog Posts:
    0
    Joined:
    Apr 8, 2018
    Messages:
    26,736
    Likes Received:
    20,219
    only cheques we ever bank at work are from HM Courts for payments that people convicted of theft are having to pay. To be honest they rarely get processed
     
  18. Rocket

    Rocket Squad Player

    Blog Posts:
    0
    Joined:
    Apr 14, 2018
    Messages:
    1,322
    Likes Received:
    1,500
    As my mate Bob Dylan said Stork "The Times They Are a-Changin"
     
    Storck likes this.
  19. Ulysses S Grant

    Ulysses S Grant Squad Player
    P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 12, 2018
    Messages:
    5,877
    Likes Received:
    7,199
    Not paid either in since Barclays shut in Cross Hills two years ago. Everything taken by BACs now and all the better for it.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Storck and Kevin1954 like this.
  20. Kevin1954

    Kevin1954 Squad Player
    Supporter P.L. 21/22 Entrant

    Blog Posts:
    0
    Joined:
    Apr 9, 2018
    Messages:
    4,252
    Likes Received:
    3,174
    lol!

    The bar staff get zero!
     

Share This Page