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Would you feel comfortable going cashless?

A new report has said that the ability to pay by cash is at risk of disappearing. 

Cash use has fallen dramatically in recent years; in 2017 debit card use surpassed the number of payments made by cash in the UK for the first time.

Contactless payments have fuelled the shift away from cash; as card machines are more readily available, many people rely on digital payments through online banking, contactless cards, and contactless payments through smartphones.

At the current rate of decline, the report predicts by 2026 cash will no longer be in use.

Businesses and retailers are already refusing to accept it, citing the cost of handling it as a determining factor.

The report warns that unless cash is protected, millions of people in the UK could be left vulnerable, including rural communities where alternative ways of paying are impacted by factors like poor broadband.

People with physical or mental health problems and the homeless also find it difficult or impossible to use digital services, and rely on paying by cash to live.

In Sweden, which is almost completely cashless, there is infrastructure in place to make sure the most vulnerable still have access to cash. This includes ensuring local shops can offer cash back, there is good access to ATMs, and mobile banks that can reach rural communities.

What do you think? Would you feel comfortable going completely cashless? Or do you still use and rely on cash to pay bills and sundries? Share your views at Speakers Corner.

 

 

Would you feel comfortable going cashless?

2423 people have already voted, what's your opinion? Yes No

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Onecott
21 hours ago
0
Thanks for voting!
I agree with swameldo
Bigcam
12th May 2019
0
Thanks for voting!
For me going cash less is not a problem, i use my card for everything. I pay all my bills and do a lot of shopping on line.
rudijude
10th May 2019
0
Thanks for voting!
I am old fashioned. I like cash and people like being paid in cash - I always offer. I feel concern for those unable to budget effectively without having their weekly allowance visible to them. However bad you were at "sums" you know when you've only got a couple of quid left in your pocket!
swaneldo
29th Apr 2019
2
Thanks for voting!
As with most things, there's room for both and it should be our choice not something forced on us because it makes it more convenient for banks / shops etc. I'm always amazed at how we are dictated to on how we spend our own money! If you want to hand over cash and see what you've earned, then you should be able to do so; if you prefer to put a bit of plastic in a machine, you should also be able to do so. You've only got to see the chaos which ensues when a card reader fails to see that cash still has its place in our lives. There's no pin number pinching when you pay cash!!
Cactus14
28th Apr 2019
0
Thanks for voting!
I use my card or phone to pay quite often but sometimes find that the card machines are not always reliable, this needs to be 100% . I’m 68 and manage quite well with technology but I feel for the people that don’t have the technology or don’t know how to use it. I think it’s only a matter of time cash will be a thing of the past, it’s inevitable as day is night etc.
SueC62
27th Apr 2019
0
Thanks for voting!
The comment about the window cleaner is interesting. I pay mine cash each time without a receipt so how does HMRC know he is paying any/the correct tax? I was in India a few years back and was told that everyone uses electronic payment methods, even the street vendors. Personally, I'm virtually cashless although I do carry a small amount on me at all times; sometimes to give a friend cash who wants to put a joint meal bill on their card. In the main, I put everything on a loyalty credit card which is paid off in full each month. I also keep a close watch on the expenditure, keeping a detailed spreadsheet which enables me to analyse the spend but then I'm an Excel nerd.
powell808
27th Apr 2019
0
Thanks for voting!
I would happily go cashless, but I don't believe we have sufficient networks in place to ensure this is possible. I do agree with others that there is a danger with cashless society that you can overspend easily on cards and not feel the pain until the debt comes in. However, this can happen even if we have cash transactions still taking place. The benefit in cashless, is that places like our local co-op wouldn't have been ram raided and broken into so many times if there was no cash to steal.
MarionE6
6th Apr 2019
2
Thanks for voting!
There are so many small associations, and social clubs which do not have car machines. Charities would also lose out.
RonnieH4
5th Apr 2019
1
Thanks for voting!
With cash you can budget better cards are too easy to overuse so a click of the phone would put so many people in to debt very very quickly in my opinion
Suze q
28th Mar 2019
1
Thanks for voting!
Prefer cash it is too easy to use a card and get carried away. I like to see what I am spending and keep a check on what I have.
Janeyvmg
26th Mar 2019
1
Thanks for voting!
Although I use cards most of the time, I like to have cash on me too, especially for small purchases
Surfer Pete
26th Mar 2019
0
Thanks for voting!
The fantastic new Tottenham Hotspur football stadium is totally cash free so it's already happening. So much easier not having to cart around a packet full of cash.
Yodama
26th Mar 2019
2
Thanks for voting!
Careful what you wish for, this is a slow waltz into a nation of RFID chipped population using electronic money that doesn't exist.

Next step, just a wave of the hand does the trick. That is until "they" think you have misbehaved...easy then to cut you off so that you can't buy, sell, or exist .
If you don't have a bank account, how can you survive by selling odds and ends? It needs to be cash transaction or back to the stone -age practice of bartering.
Sleepwalking into too much regulation is suffocating!

Then again, power cuts, hackers. big brother hoovering up your information makes it a dubious way to go.
JeanN69
25th Mar 2019
3
Thanks for voting!
How can i pay my window cleaner and others that help me
Mrs_Grumpy
25th Mar 2019
3
Thanks for voting!
What use is a contactless debit card to my gardener or cleaner?
AnnH726
25th Mar 2019
1
Thanks for voting!
We need some cash because not all people have a machine.....window cleaner, fees at Stroke Clubs etc.
Lionel
24th Mar 2019
5
Thanks for voting!
Cash or card makes little difference to me. I just loathe spending money.
Punto52
24th Mar 2019
2
Thanks for voting!
Personally it’s ok for me but lots of people including my wife are not technophobe so for it to work for all a lot of research has to be done for all to be made easy to understand it
ElisabethR
24th Mar 2019
8
Thanks for voting!
For larger purchases fine but paying for a newspaper with a card? Seriously? A coffe when theres a sign saying you have to spend £5 to use a card? Daft idea!
peterwright2004
24th Mar 2019
9
Thanks for voting!
The use of cash is very important, it is safer, easy to budget and there are a lot of small traders that we still need only trade in cash due to the banks high charges. Please we need cash.
Tubasmarties
23rd Mar 2019
-2
Thanks for voting!
I’ve already gone cashless and I’ve even got all of my loyalty cards on my iPhone. No bulging purses anymore just my smartphone.
SandraN56
23rd Mar 2019
3
Thanks for voting!
With cash in your pocket you feel wealthy.
ColinW7
23rd Mar 2019
1
Thanks for voting!
The problem I have with cash is telling the difference between
Coins. Especially in bars where it is dimly lit, as a result I get embarrassed when the person who is serving point that my pound coin is a twenty pence or visa versa, as a result I get pockets full of change
xmasdaybaby1966
23rd Mar 2019
3
Thanks for voting!
A scrap man came to take away my car he other day. Even he use internet banking to pay me.
rudijude
10th May 2019
0
Thanks for voting!
So now he has your bank details & very probably your date of birth & mobile phone number - I'd have preferred a wad of cash
lacey
23rd Mar 2019
4
Thanks for voting!
I prefer to use cash. Only use card now and again. After my son's bank card was cloned I use cash more and I go into the bank.
robertgmam
23rd Mar 2019
3
Thanks for voting!
Absolutely not. Does anyone seriously believe retailers won't put their prices up to cover the cost of contactless and normal card transactions?
kazker
22nd Mar 2019
5
Thanks for voting!
it's safer to deal with cash, to much fraud and identity theft
GeraldineM46
22nd Mar 2019
8
Thanks for voting!
Cash is still used and needed by millions of people across Britain, this is a very easy way to budget.
ChristineH75
22nd Mar 2019
2
Thanks for voting!
I'm a coin collector!
xmasdaybaby1966
23rd Mar 2019
1
Thanks for voting!
My dad passed away recently. Clearing the house out and I. Came across coins as old as the early 1900s he had found when digging the garden.
DaveJ06
22nd Mar 2019
3
Thanks for voting!
All gate sales etc would stop, it would mean me getting rid of all my ducks and chickens.
John1Chris1
22nd Mar 2019
5
Thanks for voting!
Some of my local shops are cash only .I feel Banks are now holding us all to ransom They have been herding us this way for over 40 years since the arrival of the hole in the wall
I personally like cash i like to see where my money is going When you use your card you don't really take a lot of notice how much you have spent .Which means i find myself over spending
SallyG65
22nd Mar 2019
7
Thanks for voting!
Charities will lose out - cashless donations in the street will be too time consuming for passers by. What about market traders - are we going to lose all our lovely street markets?

Apart from this there is the problem that without cash it is impossible to remain anonymous (for whatever reason you may wish to do this). This, of course, is one of the main reasons for the authorities desire to remove cash. I may decide to make a cash donation to a charity, but I don't want to be added to everyone's mailing lists.

Also, it is extremely difficult to keep a proper check on spending if you do not use cash. Services advising people with severe debt always advise the removal of all cards, and rationing your cash available to a certain amount per day?week/etc.
Not2grey
22nd Mar 2019
5
Thanks for voting!
Not whilst on,one banking frauds and thefts are on the increases .It just isn't safe enough for me .
eileenyeo
22nd Mar 2019
5
Thanks for voting!
There are many reasons to keep paying in cash available. Giving money as presents, especially to children, paying for window cleaning, gardening and house cleaning, paying at car boot sales etc etc. So what if it costs the banks money? That's their problem. They are making all the decisions. We can't NOT use banks|
JillB13
22nd Mar 2019
3
Thanks for voting!
I realise they for the younger generation going cashless presents no problems, but I still like the security of having some money in my purse for small purchases. I suppose it is just what you are used to and after a while you would get used to not carrying cash.
Sueo78
22nd Mar 2019
7
Thanks for voting!
I carry minimal cash with me and shop equally online and in stores but would hate to lose the cash. There's nothing better than the glow of your grandchildren's faces when they are given money. How else are our future generations going to learn the value of money unless they can actually see it come and see it go!
Judy Kibblewhite
22nd Mar 2019
4
Thanks for voting!
I use both and wouldn't want to be without cash altogether. There are still many items that I purchase which require a cash transaction if the cost is minimal ( eg under £5)
Yodama
22nd Mar 2019
4
Thanks for voting!
Well then, what will I stuff my mattress with?
Alicia
22nd Mar 2019
4
Thanks for voting!
Stupid idea, if I buy a newspaper for 80 pence I expect to use cash! !
xmasdaybaby1966
23rd Mar 2019
1
Thanks for voting!
Newspapers are dying too.
KadiH
22nd Mar 2019
4
Thanks for voting!
No way would I want to be without cash, & i definitely don't want a contactless debit card. So many places still only want cash, & I'm more than happy to go along with that. I do order stuff online, but not everything I want is available when I want it. Some friends who gave contactless cards have had a load of problems with them, I do not want to be joining them in their struggles.
KenW47
22nd Mar 2019
1
Thanks for voting!
The trouble is I think that a large majority of grey tops have not embraced the technological world and therefore doubtful about the benefits of paperless/cashless and the like.I don't blame them but cost,time,difficulties etc going on-line have probably made it difficult for a lot of people.I was one of those a few years ago a bit frightened really but with encouragement from my family I am now a dedicated geek.
georgine
22nd Mar 2019
4
Thanks for voting!
Hate the idea. Nothing better than money in your pockets
shirleyr915
22nd Mar 2019
6
Thanks for voting!
Although I use a debit card for transactions online, I don't think we should stop using cash. I don't like the idea that every transaction you make through your bank account can be seen by the government and authorities. Its another way of checking on the population once cash is discarded. Another 'big brother' is watching you system.
JuliaK3
22nd Mar 2019
0
Thanks for voting!
I think it’s much safer than carrying lots of money around, it’s quicker and easier to pay for goods.
ValerieT6
22nd Mar 2019
2
Thanks for voting!
I much prefer to use card/on-line payments rather than cash. I hardly ever use cash, even for the small items.
One person mentioned that no one who uses cash has ever been scammed - I wouldn’t agree. You often hear on consumer programmes about elderly or vulnerable people being conned out of money for services and taken to the cash-line machine to withdraw money. I think paying by card is safer as you have a record of exactly what was spent where and have more protection if money is fraudulently taken from an account. When cash is gone, it’s gone. Using card to pay for services could also help cut down on tax fraud by the unscrupulous.
SooC
22nd Mar 2019
7
Thanks for voting!
I think it would be unwise to go completely cashless. As the article states, many people would be left vulnerable. Unless, as in Sweden, measures are set in place to protect those at risk. Also, some people actually prefer to pay with cash. I think shops are being grossly unfair by not accepting cash, do they also insist on a minimum spend as well? There are still some shops that insist on cash only as they won’t have card machines saying they are expensive to use.
DianaE9
22nd Mar 2019
4
Thanks for voting!
At the moment I do a lot of things on line but don't know if I will be competent to do this as I get older and as has been said a lot of vulnerable people rely on cash and will suffer if safeguards are not put in place. Also it is very easy to get into debt when using cards When I was at work I was always surprised by the number of people who did not want their receipt which helps keep a check on your spending.
bromlyn
22nd Mar 2019
13
Thanks for voting!
I’m a primary school teacher and children need to physically handle cash in order to appreciate its value. If all transactions are handled by machines and online I’m struggling to see how children will ever learn the true value of money.
violet
22nd Mar 2019
4
Thanks for voting!
So agree with you Bromlyn.
Wilf
22nd Mar 2019
2
Thanks for voting!
I think it will come in say about 20-30 years we will just all have cash online. By that time those generations will be used to cashless.
Little3
22nd Mar 2019
3
Thanks for voting!
I hate cash! Dirty and heavy. So I have very easily taken to cashless.

But I also hate the underlying complexity of cashless, which leaves us prey to computer malfunctions. So recently I have been making a painful effort to revert to filthy lucre!
jstagg
22nd Mar 2019
6
Thanks for voting!
my "Bank" account is now only for standing order - my pensin is paid into a building society account and I use cash for practically everything I much prefer things that way
PatB84
22nd Mar 2019
9
Thanks for voting!
I always like some cash in my purse to pay for little things, ie:- window cleaner, sweeties for grandchildren, charity collection boxes etc, when you think about it there’s lots of little things people use cash for. I also think a lot of local charities would suffer, the ones that rely on people putting their loose change in boxes, if they hat to rely on people setting up donations from bank account it wouldn’t happen, not everyone can afford to regularly donate to a lot of charities but do put loose change in boxes when they see them
Raindrop
22nd Mar 2019
9
Thanks for voting!
I use contactless cards, pay online for items and use internet banking but I still like to have cash in my purse too. Paying with cash makes you value everything you buy more. Also how can we teach children the value of money with a plastic card. No I say we shouldn`t accept a cashless society in the future, I certainly won`t.
Willoughby
22nd Mar 2019
6
Thanks for voting!
I am housebound and rely on carers to shop for chemist shop items; items forgotten from the online weekly shop; local chemist items. Oh, and cups of tea while waiting in hospital. Bit of cash really does come in handy now and then,
SteveM33
22nd Mar 2019
-1
Thanks for voting!
I can see that going completely cashless would be very inconvenient for some people. However, I would be more than happy to do so. I hardly ever use cash these days. With bank closures and technology advances, it is so easy these days.
Wilf
22nd Mar 2019
0
Thanks for voting!
I totally agree I am using cash less and less. Small shops yes but cards for everything else. We have even stopped using cheques
Gthomp
22nd Mar 2019
7
Thanks for voting!
I don't want to go cashless the banks offer few enough services as it is. They are closing branches in rural areas, going cashless would make it more expensive for small businesses and give the banks more control over our lives.
DorisM2
22nd Mar 2019
9
Thanks for voting!
Not everyone has a bank account and why would you pay with a card for a newspaper that costs 50p. It is a ridiculous idea.
Cantonkid1955
22nd Mar 2019
9
Thanks for voting!
Government and banks are colluding to push us into a cashless society, citing the increased costs of using cash..
How will you pay the local car wash which only takes cash?.window cleaner?...gardener??
It's all about big brother and control.
Using contactless, the banks and the DWP,Tax office, can see at a glance, what you have bought,how much, when and where,,what about the person who needs a "special service",,,would she / he use a contactless card to pay for that "service" and how would that person cover up the transaction on the bank statement?.
Not one single person who uses cash has ever been scammed,, they can shove their online and contactless banking where the sun don't shine.
CASH IS KING.
violet
22nd Mar 2019
5
Thanks for voting!
If you lose your card anyone finding it can probably make several smaller contactless purchases with it before it is reported and stopped by the bank. I enter my pin number or use cash.
shirleyr915
22nd Mar 2019
3
Thanks for voting!
I agree. It's just another way of the authorities checking on you.
susanross886
22nd Mar 2019
9
Thanks for voting!
No I would not be comfortable. We are being forced towards a cashless society by the banks closing every branch in some towns like mine along with all the cash machines.
There will always be the vulnerable in society to whom this will not be acceptable.
Where there is internet banking there will always be fraud & where there are swipe cards pulled out every 5 minutes for tiny purchases, there will always be criminals with card reading machines.
Retiredyorkie
21st Mar 2019
9
Thanks for voting!
No thanks I would not like a cashless society.

Yes I do use plastic for large payments but for smaller payments like a coffee etc. too much hassle.
Wilf
21st Mar 2019
3
Thanks for voting!
Yes I think so. I have read that in many places like China and South Korea they are using their phones to pay for everything. I saw a news item about Kenya recently and its the same there. People were actually paying in markets for a few pieces of fruit or veg with their phones. If they can do it we should. In the 21st century with all our technology it seems archaic that we still have bits of metal and paper in our pockets! I never use copper anymore and just put it in charity boxs in shops if I am given change. The UK government should sort of this but they are too busy messing up Brexit. Oh well maybe in about 2080!
DottyOne
22nd Mar 2019
2
Thanks for voting!
I spend months in NZ where everywhere accepts EFTPOS no matter how small the transaction and most accept payment by phone. I don't need cash here. The biggest problem in NZ is that not all accept paywave.
In the UK back home in Louth I need to carry cash because my local shops won't accept payment by card under £10. It's ludicrous that I can pay my window cleaner by bank transfer but I can't buy my lottery ticket with my debit card in a local newsagent. So now I buy my lottery tickets online too and another local shop loses out.
Wilf
22nd Mar 2019
1
Thanks for voting!
I buy my lottery tickets by debit card in all shops Dottyone?
violet
22nd Mar 2019
4
Thanks for voting!
The more vulnerable people in our society can be overwhelmed by technology.
Wilf
22nd Mar 2019
2
Thanks for voting!
Yes I agree, I suppose as we move on through the next few decades the younger people who are all au fait with the web will be using everything online-shops, travel, currency etc. I think by about 2050 the current world will seem very quaint and archaic!
ArchieUK
21st Mar 2019
8
Thanks for voting!
Whilst most of my purcheses are done by using plastc having some cash still has a use, if I want to buy a icecream on a day out or a cup of tea and may other small items.
Plastic is great but cash sill has a use in society.
MrsPat
21st Mar 2019
1
Thanks for voting!
Yes totally. The majority of the time out shopping I only use credit cards. So much easier then delving into my purse for grubby change.
Yodama
20th Mar 2019
10
Thanks for voting!
Too early to be thinking of a cashless society. Too many people rely on cash transactions.

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