The Mudcat Café TM
Thread #169778   Message #4205734
Posted By: Rain Dog
19-Jul-24 - 03:47 PM
Thread Name: BS: Bank Branch Closures
Subject: RE: BS: Bank Branch Closures
I agree that the younger generation are just used to managing without cards. I know that there does seem to be a tendency to make us all go cashless. I am not happy with the fact that we are not really having a discussion about it.

Today was a great example with various computer systems experiencing problems. Earlier this week some of the supermarkets were unable to process card transactions. There was a staff member outside my supermarket telling customers it was cash only payments. I asked her if she had drawn the short straw for that job.

Banks close. Businesses have problems depositing cash. Businesses decide to go cashless.

Here in town, some of the smaller businesses are cash only. I assume this is probably due to the charges involved with card payments. That can be quite a considerable cost for the business.

We will have to wait and see how the banks and the government proceed next year, when the current arrangement with the Post Office comes to an end.