Page 2 of 2 FirstFirst 12
Results 26 to 43 of 43
  1. #26
    Thailand Expat raycarey's Avatar
    Join Date
    Jan 2006
    Last Online
    @
    Posts
    14,322
    what percentage of thailand's population is unbanked?

    it's ~7% in the US, and i'm going to guess it's higher here.

  2. #27
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    10,987
    Quote Originally Posted by harrybarracuda View Post
    Mag stripes can be skimmed and pins filmed. And when was the last time you saw anyone bother to check a signature?

    Very early on Visa (in an earlier incarnation) tried photos on Credit Cards and they abandoned the idea because virtually no-one bothered checking them.
    When pics were being pimped as the latest anti-fraud marvel, a journalist overlaid his pic with that of an ape, went out using his card for an afternoon, got through several transactions before one cashier finally noticed it, giggled, and handed it back to him together with his purchased goods.

  3. #28
    Pedantic bastard
    nidhogg's Avatar
    Join Date
    Jun 2008
    Last Online
    @
    Posts
    15,656
    Slightly on a tangent. When I started work in Thailand, about half my salary came through direct payments to me, and basically it was up to me whether to declare it and pay the tax on it. I did, most of my colleagues did not. Now everything comes through the electronic salary system, and tax is deducted at source. I much prefer this to be honest, as I do not have to come up with a fairly large wedge of cash every April.

  4. #29
    The Dentist English Noodles's Avatar
    Join Date
    Aug 2006
    Last Online
    @
    Location
    Gaslightingshire
    Posts
    17,816
    Quote Originally Posted by lom View Post
    The fukwits are paying with their cards which needs a verification then needs a slow thermal printer printout then needs a signature.
    It is one thing using your card when in a restaurant or when buying a new tv but they should be forbidden in grocery stores.
    That's complete and utter rubbish. I use contactless via my smart phone, the payment is authorised in less than 5 seconds, there is no signature required and if I need to verify then it is 2 seconds tap on my phone screen. You sound like you live in a different era.

  5. #30
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    67,280
    Quote Originally Posted by jabir View Post
    When pics were being pimped as the latest anti-fraud marvel, a journalist overlaid his pic with that of an ape, went out using his card for an afternoon, got through several transactions before one cashier finally noticed it, giggled, and handed it back to him together with his purchased goods.
    Some clean shaven bespectacled nerd in London had a picture of hirsute Brazilian fullback Junior on his Travelcard for a year as an experiment, and was never stopped.

  6. #31
    Thailand Expat reinvented's Avatar
    Join Date
    Nov 2005
    Last Online
    Today @ 09:17 AM
    Location
    top of soi 2
    Posts
    1,877
    how are people going to pay for weed? Will dealers need to accept visa now?
    they havent thought this through?

  7. #32
    Thailand Expat
    kmart's Avatar
    Join Date
    Dec 2008
    Last Online
    Yesterday @ 11:27 AM
    Location
    Rayong.
    Posts
    11,447
    ^Yep. What are you going to press into the cleavage of some lovely giving you a lap-dance, these days?
    Cash is still king.

  8. #33
    Thailand Expat

    Join Date
    Jul 2018
    Last Online
    Today @ 09:51 AM
    Location
    nakhon ratchasima
    Posts
    1,510
    all the bar girls will need to get a pin machine.that puts paid to the saying,NO MONEY NO HONEY.

  9. #34
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    67,280
    Quote Originally Posted by reinvented View Post
    how are people going to pay for weed? Will dealers need to accept visa now?
    they havent thought this through?
    Bartering is going to make a comeback...

  10. #35
    Elite Mumbler
    pickel's Avatar
    Join Date
    Apr 2008
    Last Online
    @
    Location
    Isolation
    Posts
    5,898
    ^
    I use my credit card to buy it.

  11. #36
    Thailand Expat jabir's Avatar
    Join Date
    Jul 2016
    Last Online
    @
    Posts
    10,987
    Quote Originally Posted by reinvented View Post
    how are people going to pay for weed? Will dealers need to accept visa now?
    they havent thought this through?
    I think bitcoin is the answer on street corners.

  12. #37
    The Dentist English Noodles's Avatar
    Join Date
    Aug 2006
    Last Online
    @
    Location
    Gaslightingshire
    Posts
    17,816
    Quote Originally Posted by reinvented View Post
    how are people going to pay for weed? Will dealers need to accept visa now?
    they havent thought this through?
    Quote Originally Posted by headhunter View Post
    all the bar girls will need to get a pin machine.
    They will all just be using apps such as this. Venmo

    There are plenty more ways to make peer to peer cashless payments in seconds.

  13. #38
    En route
    Cujo's Avatar
    Join Date
    Jan 2006
    Last Online
    Today @ 10:14 AM
    Location
    Reality.
    Posts
    29,909
    here in China everyone uses wechat or alipay. I have a QR barcode which you can scan and send money to my phone or visa versa. I can get it printed and you can scan that. even the beggars use it.
    It's not that long ago it didn't even need to be attached to a bank account.
    it was a completely black economy for a while there.
    “If we stop testing right now we’d have very few cases, if any.” Donald J Trump.

  14. #39
    Thailand Expat
    Lantern's Avatar
    Join Date
    Apr 2009
    Last Online
    Today @ 09:23 AM
    Location
    Australia
    Posts
    1,058
    .A cashless society means no cash. Zero. . It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:

    * Your child can’t go & help the local farmer to earn a bit of cash.
    * No more cash slipped into the hands of a child from their grandparent when going on holidays.
    * No more money in birthday cards.
    * No more piggy banks for your child to collect pocket money & to learn about the value of earning.
    * No more cash for a rainy day fund or for that something special you have been putting $10 a week away for.
    * No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
    * No more cash gifts from relatives or loved ones.

    What a cashless society does guarantee:

    * Banks have full control of every single cent you own.
    * Every transaction you make is recorded.
    * All your movements & actions are traceable.
    * Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which could take weeks, a hundred questions answered & five hundred passwords.
    * If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.

    And before anybody slams this post ... don’t go shooting the messenger .. I’m sharing it because maybe we all need to take off our blinkers. Forget about cash being dirty. Cash has been around for a very, very long time & it gives you control over how you trade with the world. It gives you independence.

    If you are a customer, pay with cash. If you are a shop owner, remove those ridiculous signs that ask people to pay by card. Cash is a legal tender, it is our right to pay with cash. Banks are making it increasingly difficult to lodge cash & that has nothing to do with a virus.

    Please stop believing everything you hear on the TV. Politics & greed is what is wrong with the world; not those who are trying to alert you to the reality.
    Please pay with cash & please say no to a cashless society while you still have a choice.




  15. #40
    Cenosillicaphobiac
    Plan B's Avatar
    Join Date
    Jul 2006
    Last Online
    Today @ 08:20 AM
    Location
    Under a bridge
    Posts
    4,892
    ^
    You can get crypto currency in any flavour ranging from open for all to see ledgers to untraceable washed 'cash' to buy whatever you want on the darkweb. You get to be your own bank and that pesky inflation and the CB printing presses won't dilute your value.

    What you won't get is the safety nets that come from government regulation and compliance. If someone hacks your life savings, it's gone baby, gone.


    If you don't trust your banks it's because you don't trust your government.
    If you don't trust your government vote for someone you do trust.
    Dear Anti-vaxers: Enjoy your free trial.

  16. #41
    Thailand Expat
    Little Chuchok's Avatar
    Join Date
    Feb 2006
    Last Online
    Today @ 10:17 AM
    Posts
    9,699
    Quote Originally Posted by pickel View Post
    Don't know where you're referring to, but in Canada I just waive the card near the terminal and go. No signature needed and takes about two seconds to verify. Much faster than waiting for change.
    Same in NZ.Either your card or your phone.

  17. #42
    Thailand Expat harrybarracuda's Avatar
    Join Date
    Sep 2009
    Last Online
    @
    Posts
    67,280
    I will make one point: cashless allows greedy arseholes that run service establishments to nick the tips.

    I always make a point of leaving zero tip when paying by card and leaving cash on the table in an attempt at making sure that doesn't happen.

  18. #43
    En route
    Cujo's Avatar
    Join Date
    Jan 2006
    Last Online
    Today @ 10:14 AM
    Location
    Reality.
    Posts
    29,909
    Quote Originally Posted by Lantern View Post
    .A cashless society means no cash. Zero. . It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:

    * Your child can’t go & help the local farmer to earn a bit of cash.
    * No more cash slipped into the hands of a child from their grandparent when going on holidays.
    * No more money in birthday cards.
    * No more piggy banks for your child to collect pocket money & to learn about the value of earning.
    * No more cash for a rainy day fund or for that something special you have been putting $10 a week away for.
    * No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.
    * No more cash gifts from relatives or loved ones.

    What a cashless society does guarantee:

    * Banks have full control of every single cent you own.
    * Every transaction you make is recorded.
    * All your movements & actions are traceable.
    * Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which could take weeks, a hundred questions answered & five hundred passwords.
    * If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.

    And before anybody slams this post ... don’t go shooting the messenger .. I’m sharing it because maybe we all need to take off our blinkers. Forget about cash being dirty. Cash has been around for a very, very long time & it gives you control over how you trade with the world. It gives you independence.

    If you are a customer, pay with cash. If you are a shop owner, remove those ridiculous signs that ask people to pay by card. Cash is a legal tender, it is our right to pay with cash. Banks are making it increasingly difficult to lodge cash & that has nothing to do with a virus.

    Please stop believing everything you hear on the TV. Politics & greed is what is wrong with the world; not those who are trying to alert you to the reality.
    Please pay with cash & please say no to a cashless society while you still have a choice.



    Cut and pasted from where?
    The nonsense about kids not getting money from grandparents. The kids get 'cards' on the app from the relies all the time with money attached.

Page 2 of 2 FirstFirst 12

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •