Reply to post: Re: Cashless society

Visa Europe fscks up Friday night with other GDPR: 'God Dammit, Payment Refused'

M Mouse

Re: Cashless society

"I have an app for my bank that tells me if anyone is doing anything on my card, and specifically warns me immediately on big transactions."

being curious, which bank ? I am using HSBC and have seen nothing to suggest they'd tell me about every transaction (or even just large ones - but theirs is dumb in some ways)...

But at least for a transfer to some (random) sort code + account number (as might be entered by a hacker) it needs a security code to be entered from a credit-card size calculator style device...

"At the end of the day, I'm not reliant on the card to purchase anything THERE AND THEN." - not wanting to suggest any problem occurs but there are times when some airline shuts their doors unexpectedly, or a volcanic dust cloud grounds all flights, so there may be a time when a large and unexpected expense (several unscheduled days in what might be the last vacant room in a luxury hotel), so things can happen however much you usually plan.

"Do you people not use Direct Debit for your bills.... How is that any different?"

(a) they are either for fixed sums, or you need to be notified in advance, and (b) the DD Guarantee means you can get a refund quite quickly if something goes wrong, hopefully without any bank charges if you go overdrawn temporarily.

YMMV, and while cashless works for you, it seems like plenty of readers prefer to have use of both. I have no plans to move to Sweden which is mostly cashless - and may cause some tourists problems if they have even a temporary block on card use...

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