A lot of shops in the UK will not accept cheques, Cash can be a "pain" for shops to count, bank, give change etc etc
Go in with a debit/credit card transaction completed no money to handle less chance of robbery.
2007-03-28 10:08:42 · 8 answers · asked by Russell B 3 in Business & Finance ➔ Personal Finance
It happened to me in Victoria, Texas. You cannot buy gas with cash at the SuperWalMart.
2007-03-28 10:11:23 · answer #1 · answered by Jim R 4 · 0⤊ 0⤋
you can thank Visa and Mastercard for this. (EMV - Certification) These companies have taken an agressive stance to drive credit card acceptance with easy of pay (contact -less cards). They started this by creating a standard platform across all of Europe and Asia for this. This was orginally being developed before the advent of the Euro. to make it easy for merchants to deal with and accept foreign currency. The Euro was the EU's answer to this, also this was to create economic stability across all of Europe and make Europe as a whole more competitive in the World market today. Anyways, the credit card companies are to blame for this, They have made it simple to shop anywhere in the world, I don't need to know the conversion rate for the Dollar to the Pound or the Pound to the Yen by using my card the transaction automatically is processed at the current exchange rate. I could go on about this subject but you only need do a little research to find everything that I've said here. I hope this answers your question.
2007-03-28 10:21:28 · answer #2 · answered by gimmefuel2 2 · 0⤊ 0⤋
I think there's actually something on the statute books that says you're entitled to pay up to so much in coins but a shopkeeper could refuse, for example, a payment of £350 in pennies.
Whatever the amounts are, it does enshrine your right to pay in cash so, unless the law's changed, shops cannot refuse.
2007-03-28 10:22:17 · answer #3 · answered by Kes51 4 · 0⤊ 0⤋
No, don't think so. And why would you want to? Cash is, at the end of the day, the best way to actually put some "value" on the money you're spending.
2007-03-28 10:12:11 · answer #4 · answered by keka 2 · 0⤊ 0⤋
I wouldn't be surprised - when visiting my brother is Southampton a few years back they have a garage that is not manned and you just pay for your fuel at the pump with a card.
I doubt the big supermarkets will go that way but who knows!!
2007-03-28 10:13:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
O Yeah! It works out alot easier for the banks if there's no cash (and more profitable). Its not if but when!
2007-03-28 10:19:25 · answer #6 · answered by D.W 6 · 0⤊ 0⤋
yes cash is doomed,
and a lot of shops will close due to internet shopping
2007-03-28 10:13:21 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Not just in the UK, this will happen worldwide, it is the electronic age!
2007-03-28 10:16:35 · answer #8 · answered by psychoticgenius 6 · 0⤊ 0⤋