General > General Technical Chat
Cashless Australia
tszaboo:
--- Quote from: Simon on March 14, 2021, 07:54:42 am ---I think cash should be around for as long as people want it. I generally have some cash on me but generally use card.
--- End quote ---
Yeah, but the USA and Canada, seems to have some sort of backwards ass banking system with check for paying salary, tiny regional banks, magnetic cards, and credit everywhere.
You tell them that we have contactless RFID payment by phone, and its like space technology to them.
nctnico:
--- Quote from: Red Squirrel on March 14, 2021, 02:42:38 am ---but 1 world currency ruled by a few large corporations and government
--- End quote ---
That has existed for a long time already. At the moment 75% of the world trade is paid in US Dollar or Euro with an almost 50/50 split. IMF is kind of the steering commity which also keeps reserves in various currencies.
--- Quote --- Or even simple things like yard sales etc, that's pretty much not going to be possible anymore.
--- End quote ---
Ofcourse it is. There are many micro-payment platforms. You can use your mobile phone for that. Over here I can send a payment request from a mobile phone and the other person can pay immediately. The money goes straight into my bank account. I'd say it is more convenient compared to Paypal and no direct fees (the service comes with the bank account and is supported by all major banks).
Simon:
You can get a card reader from paypal. It connects to your phone and you can take payments anywhere your phone can get a signal.
Sigurd:
Paypal clips the ticket boths ways and aren't to be trusted in general - if you have a problem with them they will just stonewall you.
Simon:
--- Quote from: Sigurd on March 14, 2021, 01:54:50 pm ---Paypal clips the ticket boths ways and aren't to be trusted in general - if you have a problem with them they will just stonewall you.
--- End quote ---
We are not discussing if the companies that run the technology are any good as companies but the feasibility of the technology.
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