I have always preferred plastic banknotes, and think they will be a vast improvement if they are the of the same quality as the Australian ones.
www.dailymail.co.uk/news/article-2249212/Is-end-paper-banknotes-Plastic-version-pocket-just-years.html
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they are ok, but when you have a wodge of aussie notes they don't fold terribly well.
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I am an impoverished OAP, I don't have that problem. :-)
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Cobblers, its all stuffed under your mattress
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Better than giving it to a bank to loose.
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The Isle of Man had plastic pound notes in 1983. Withdrawn in 1988.
Best use of that news paper is wrapping fish and chips...
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Canada has had them for a few years now. They feel rather odd at first.
The use of paper money must be declining hugely. Seldom have more than a few pounds in cash on me these days and I suspect in ten years time paying in cash for anything will be a rarity.
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>> I suspect in ten years time paying in cash for anything will be a rarity.
>>
They have been saying that since Adam was in short trousers!
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Cash is king!
I never carry any though - my in-house account manager does that for me!
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But it is largely true already for me and I suspect many other people. Apart from the likes of small items like a newspaper or a coffee I just don't use cash. I don't see cash disappearing completely but the demand for cash, especially large denomination notes will surely continue to decline.
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You can't get anybody to do anything round here unless you pay cash.
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"You can't get anybody to do anything round here unless you pay cash."
Dodgy builders aside who do pay in cash these day? Do Tescos insist on the folding stuff round your way?
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Don't know, haven't been in Tesco for a while ;-)
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>> Dodgy builders aside who do pay in cash these day? Do Tescos insist on the
>> folding stuff round your way?
>>
I still use more cash than I'd like. The cleaner is paid in cash, as is the window cleaner. The guy who delivers the logs also expects cash. I've never asked if they take an on line payment, but tbh cash is just as convenient. Likewise when grabbing a coffee at the station cash seems more natural. Same for small payments in our local COOP Proffering a card, even if of the contactless type, seems pointless for sub £3 transactions. It also leads to pages and pages f transactions on my bank statement, which is irritating even though it is all online!!
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>> I still use more cash than I'd like. The cleaner is paid in cash, as
>> is the window cleaner. The guy who delivers the logs also expects cash. I've never
>> asked if they take an on line payment, but tbh cash is just as convenient.
>> Likewise when grabbing a coffee at the station cash seems more natural. Same for small
>> payments in our local COOP Proffering a card, even if of the contactless type, seems
>> pointless for sub £3 transactions. It also leads to pages and pages f transactions on
>> my bank statement, which is irritating even though it is all online!!
>>
I don't like having pockets of coins, in fact any coins I have go into our "mortgage pig"
I like contactless payment and find its quicker than either counting the money out, or waiting for the change given there is no approval delay. Handy in the Macky D's drive through to.
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Any change less than a 20p goes straight in the charity box at the check-out, larger coins get chucked in the car to feed parking meters!! There's so much waiting involved in a coffee nowadays that IME any time 'saved' by contactless payment was dead time anyway :-)
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I suspect that further regulations to deter cash transactions will gradually creep in, anti money laundering and the usual terrorist bile being the excuses.
Fully expect electronic payments to be standardised across the board, automatic monitoring...remember if you have nothing to hide..:)
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That should halve the rate of income tax then!
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>> That should halve the rate of income tax then!
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Thats wishful thinking for you, in reality The Party will have trillions of electronic £££s to throw about, they'll be like a 3 year old in a sweet shop...:-)
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>> Thats wishful thinking for you, in reality The Party will have trillions of electronic £££s
>> to throw about, they'll be like a 3 year old in a sweet shop...:-)
>>
Brilliant plan until there is a power cut or the IT geeks screw up, not that they ever would of course. :-)
Last edited by: Old Navy on Mon 17 Dec 12 at 11:08
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Don't usually have more than £50 on me in cash, and since getting my new contact-less debit card, probably less on average.
Wonder how they will work in vending machines?
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Next time a dubious-looking scrapman calls round I'll suggest he uses my on-line payment facilities.
Last time he bought an old car shell he said "I'll call this miscellaneous ferrous scrap, and you can call this cash".
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Plastic money. - Zero
