Using cash?

I would think that most businesses would prefer credit cards since it would be much easier to keep the books. No one needs to count the cash or bring it to the bank, and tallying everything up at the end of the day would take a few seconds as apposed to maybe an hour or longer. Also, there's less risk of employees stealing when everything is electronic.
 
chic said:
I don't mind cash. I know we all use CCs for online purchases but sometimes I feel like there should be a little more anonymity in our purchases. I mean, do they have to know every single thing we buy? Where is this all leading?Do I even want to go there? Do I think too much? :ROFLMAO: Probably but the small stuff does matter.
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You have to ask, why all the profiling? It's bad enough that our spending record is kept on file, what is really repugnant is the fact that it gets bought and sold. When the Chinese insert spy computers in the goods that they sell abroad, causing purchasers to get hot under the collar when they discover such software, but the same buyers just shrug their shoulders when they find out about the purchases being profiled. Beats me. I pay cash for everything, I have even bought things I have seen online with cash, just as long as the vendor is within a reasonable distance.
 
C50 said:
I used cash quite a bit for low dollar purchases until the pandemic hit, since then I've gone Credit card almost exclusively.

I do get what you're saying about tracking our purchases though, somewhere someone knows wayyy too much about me.
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Part of the purpose of the pandemic was to create a cashless society where spending is monitored. It worked with some, but not with everyone. There is more pushback now that people have awakened to where this is going.
 
I pay by card and sometimes small purchases with cash. This is only for convenience. The notion that one is completely safe when paying with cash is unfounded.
Anytime you make a purchase whether by card or cash your transaction is recorded along with other data about you. The moment you enter a store you are on camera. The belief that using cash provides any kind of protection against tracking purchases…it does not.

Technology can track what we buy, where we buy it, how much we paid, and how that purchase connects to all our other purchases even if we use cash.
 
Credit cards for everything.
I have 4 airline cards, 2 hotel credit cards, a cash rewards credit card, and a couple more.
Had 1 million hotel points at one hotel chain. Used it for two trips to Maui, a trip to Dublin, and many more stays in the US.
Airline miles for two trips to Maui. Even the rental car in Maui was with my cash back card.
Still have enough points on all the major airlines for a free round trip domestic.
I've bought all my kitchen appliances with points that were changed to Lowes gift cards.
Earned lifetime elite status at a hotel chain and the best part, never paid 1 cent in interest. Paid in full every month.
I LOVE credit cards. Free stuff is always the best!
 
It's highly unlikely I'll use cash except for an order that's less than $5 (eg: Wawa or McD's). But now with the self swipe or insertable credit cards and no fees for charging less than a certain amount, I may use credit for the latter too. I love racking up those rewards. 🤑
 
chic said:
Are you more likely to use cash for an in store purchase if you see someone else doing it? Do you still use it all? I made a quick jaunt to buy a juice and an orange this morn and saw the woman in line ahead of me was paying with cash so I did too.

I don't mind cash. I know we all use CCs for online purchases but sometimes I feel like there should be a little more anonymity in our purchases. I mean, do they have to know every single thing we buy? Where is this all leading?Do I even want to go there? Do I think too much? :ROFLMAO: Probably but the small stuff does matter.
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I'm not paranoid at all regarding my purchases being tracked in stores. I use cash, checks, credit cards, whatever is convenient that particular day.
 
Jamala said:
I pay by card and sometimes small purchases with cash. This is only for convenience. The notion that one is completely safe when paying with cash is unfounded.
Anytime you make a purchase whether by card or cash your transaction is recorded along with other data about you. The moment you enter a store you are on camera. The belief that using cash provides any kind of protection against tracking purchases…it does not.

Technology can track what we buy, where we buy it, how much we paid, and how that purchase connects to all our other purchases even if we use cash.
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"Anytime you make a purchase whether by card or cash your transaction is recorded along with other data about you. The moment you enter a store you are on camera."
As yet, I have not had any store member or their security staff, tap me on the shoulder and say: "Pardon me Sir, we need your name and address so that we can add it your security image, in order to track you. Cash is anonymous, it's why retailers, banks and anyone with an agenda are so keen to get rid of it.
"Technology can track what we buy, where we buy it, how much we paid, and how that purchase connects to all our other purchases even if we use cash."
You are correct apart from the last part of your statement. Unless of course each bank note serial number in my wallet is assigned to me much like a credit card. If I pay by cash how on earth can that be tracked?
 
Data from the Pew Research Centre, detailing customer loyalty cards and profiling.

Many consumers already allow their shopping preferences to be tracked and sold to other companies in return for discounts on products, and some 47% of adults say they would be comfortable with the following scenario:

"A grocery store has offered you a free loyalty card that will save you money on your purchases. In exchange, the store will keep track of your shopping habits and sell this data to third parties."

By comparison, 32% say it would not be acceptable, and another 20% say it would depend on the circumstances of the offer.

Those aged 50 and over are somewhat more likely than younger adults to say that this arrangement would not be acceptable: 39% of those 50 and over say this deal would not be acceptable, compared with 27% of those ages 18 to 49. In addition, those in households earning less than $30,000 per year are more likely than those in higher-income households to say this deal would be acceptable: 56% of those in lower-income households say the loyalty card bargain is acceptable vs. 43% of those in higher-earning households.
 
horseless carriage said:
"Anytime you make a purchase whether by card or cash your transaction is recorded along with other data about you. The moment you enter a store you are on camera."
As yet, I have not had any store member or their security staff, tap me on the shoulder and say: "Pardon me Sir, we need your name and address so that we can add it your security image, in order to track you. Cash is anonymous, it's why retailers, banks and anyone with an agenda are so keen to get rid of it.
"Technology can track what we buy, where we buy it, how much we paid, and how that purchase connects to all our other purchases even if we use cash."
You are correct apart from the last part of your statement. Unless of course each bank note serial number in my wallet is assigned to me much like a credit card. If I pay by cash how on earth can that be tracked?
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Maybe in the UK it's different. But starting about 20 years ago in Canada, some stores would ask you for some personal details when you paid in cash. For the same reasons -- to keep track of who bought what.
 
horseless carriage said:
Data from the Pew Research Centre, detailing customer loyalty cards and profiling.

Many consumers already allow their shopping preferences to be tracked and sold to other companies in return for discounts on products, and some 47% of adults say they would be comfortable with the following scenario:

"A grocery store has offered you a free loyalty card that will save you money on your purchases. In exchange, the store will keep track of your shopping habits and sell this data to third parties."

By comparison, 32% say it would not be acceptable, and another 20% say it would depend on the circumstances of the offer.

Those aged 50 and over are somewhat more likely than younger adults to say that this arrangement would not be acceptable: 39% of those 50 and over say this deal would not be acceptable, compared with 27% of those ages 18 to 49. In addition, those in households earning less than $30,000 per year are more likely than those in higher-income households to say this deal would be acceptable: 56% of those in lower-income households say the loyalty card bargain is acceptable vs. 43% of those in higher-earning households.
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I have one of those cards. I've never been one for points or coupons. But the loyalty card discounts are VERY substantial. I felt I didn't have much choice.
 
horseless carriage said:
"Anytime you make a purchase whether by card or cash your transaction is recorded along with other data about you. The moment you enter a store you are on camera."
As yet, I have not had any store member or their security staff, tap me on the shoulder and say: "Pardon me Sir, we need your name and address so that we can add it your security image, in order to track you. Cash is anonymous, it's why retailers, banks and anyone with an agenda are so keen to get rid of it.
"Technology can track what we buy, where we buy it, how much we paid, and how that purchase connects to all our other purchases even if we use cash."
You are correct apart from the last part of your statement. Unless of course each bank note serial number in my wallet is assigned to me much like a credit card. If I pay by cash how on earth can that be tracked?
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No need for alarm, however, what I’ve written is quite valid.
I use card, cheque (on rare occasions) and cash and I’m not bothered.
 
Jamala said:
No need for alarm, however, what I’ve written is quite valid.
I use card, cheque (on rare occasions) and cash and I’m not bothered.
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Well done, I'm not alarmed, not with you that is, I did wonder if a deeper argument about tracking might develop, had it done so I wouldn't have replied. The best way to take the heat out of any misunderstanding is simply to leave it alone.

Just before the lockdown we bought our friend's son and his wife, a cot and baby bedding as a gift for their new arrival. The cot had a warranty form, we should have included it in the wrapper but my other half wasn't thinking and filled it in. About six months later she started getting bombarded with baby items. The last straw came when the adverts suggested that a sibling might be considered.

She wrote back, "I'm in my seventies, I have no children and the only way that my husband can perform these days is by using two cocktail sticks as splints." I proof read it, laughed and said, "You are not going to post it." She posted it. We have never heard from them since!
 
Even if you never use a credit card, it's virtually impossible to maintain your privacy about purchases. All of our "big box" stores, including all the supermarkets, have "discount membership" cards, which if you give it to them to scan when you buy anyhing, you get huge discounts. So, to maintain your privacy, of course you could refuse to use one of those cards, but you could be paying a huge amount more for your groceries.

How do they use these cards? Well, all I can do is guess. They have your personal information, accessed by scanning the bar code on the card, so they know your name, address, and buying habits. They have a record of every single thing you are buying, can see what brands you prefer, etc. And then they can personalize their adverising to you, it helps them know how much and what kind of merchandise to order for the demographic that uses that store, etc. In other words, your card is providing them with free marketing research.
 

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