Legal tender obviously not acceptable in the air – is that legal?
The Old Boy
Legal tender is a much misunderstood term. It means that it must be accepted as payment for a debt, but someone selling goods or services may specify in advance that he wants a certain kind of payment before selling the goods or rendering the service.
Janet, I ate my avatar
ask any Scot ;)
scottser
well, not any scott..
Janet, I ate my avatar
:) oops
Aoife
This is the norm on most carriers….
H
The buses in London have been cashless for years….
GiggidyGoo
But they don’t sell sandwiches.
Spud
That’ll be the subway
Zaccone
Makes perfect sense. Cash is heavy and costs a lot to deal with. Society can’t become cashless soon enough.
Joe
won’t suit those trying to hide where their money comes from
eoin
So, it’s a crafty Ryanair ploy to cut the weight, reduce fuel costs.
What next, everyone is administered a laxative at the check in desk so by the time they reach the door to the plane, they’ve dropped a couple of lbs?
GiggidyGoo
Hah!
milk teeth
Ohh that’s a bit ignoble – made me actual lol but now im wondering if the weight saving would offset the costs of procuring and distributing the laxatives. Exactly how much are we spending a year to fly poo around??
Cian
um, quick research suggests average human weight = 137 lbs, ‘average’ poop = 0.25-1lb;
we’re talking less than 1% of body weight. (a laxative may produce more liquid, but that would be quickly replaced on the ground before flying).
A plane (Boeing 737-800) has max takeoff weight of 175,000lbs (plane = 90,000lb, fuel = 40,000lbs) leaving 20,000lbs for passengers, crew, food + drink and luggage. 200 passengers @ 2lbs each (being generous) is a saving of 400lbs on a 170,000lb plane – about a quarter of one percent of saving.
A full fuel-load costs about $28K, so a saving of €$65.
millie vanilly strikes again
I do love that you are able to provide answers to these questions, Cian.
The important stuff too!
Kolmo
Privacy is an issue to a cashless society, a technical “outage” will leave you stranded, hackers/hostile agents could wreck your day/life, economic power of individuals would be placed more so into the hands of the oft-bashed banking fraternity, (Tracker mortgage fraud scandal, Libor scandal, Anglo-Irish criminality, Overcharging as a policy, PPI, etc…) a trustworthy bunch. There are benefits to cashless systems but cash should not be done away with.
Qwerty123
are you a taxi driver by any chance?
spudnick
Popped into an small icecream shop on Dawson St last month on a particularly hot day with the fam. Line was down for his POS and so he couldn’t take cards, and he was tearing his hair out, understandably – lines of punters turned away.
Zaccone
Scandinavia is approx 80% card payments these days, and rising, and everything works fine. It makes for more convenience for customers and businesses, higher tax income and reduced costs for the state, and reduced criminality. Its a big winner all round.
I wonder how many of the people who seem to give out about these “privacy concerns” with a largely cashless society are fully tax compliant.
B9Com From No
It’s not just that bort
Smaller retailers tell me charge for debit cards is 4%
Zaccone
Cash handling costs are 5-15% for most businesses, depending on sector.
Even with excessive card processor fees (4% is higher than most) its still cheaper for a business to deal with cards only.
That is unless they’re unusually “tax efficient”. Like quite a few city center, old man style pubs in Dublin that are still cash only…
B9Com From No
I doubt your figures are accurate
For a small town retailer the only cash handling cost he had is walking to the local bank
Rob_G
Where are these ‘small town retailers’ that you know who walk around with thousands of euros of takings, and about what time would you say they make this trip to the bank…
millie vanilly strikes again
I used to do it around just after lunch hour, back in my retail days
Janet, I ate my avatar
Scandinavian efficiency…..this is Ireland
Spaghetti Hoop
Wait till you get the pilot-less email.
Termagant
People are less reluctant to spend when they can’t see the money they’re handing over. Card money isn’t the same as real money.
Hold the front page!
Legal tender obviously not acceptable in the air – is that legal?
Legal tender is a much misunderstood term. It means that it must be accepted as payment for a debt, but someone selling goods or services may specify in advance that he wants a certain kind of payment before selling the goods or rendering the service.
ask any Scot ;)
well, not any scott..
:) oops
This is the norm on most carriers….
The buses in London have been cashless for years….
But they don’t sell sandwiches.
That’ll be the subway
Makes perfect sense. Cash is heavy and costs a lot to deal with. Society can’t become cashless soon enough.
won’t suit those trying to hide where their money comes from
So, it’s a crafty Ryanair ploy to cut the weight, reduce fuel costs.
What next, everyone is administered a laxative at the check in desk so by the time they reach the door to the plane, they’ve dropped a couple of lbs?
Hah!
Ohh that’s a bit ignoble – made me actual lol but now im wondering if the weight saving would offset the costs of procuring and distributing the laxatives. Exactly how much are we spending a year to fly poo around??
um, quick research suggests average human weight = 137 lbs, ‘average’ poop = 0.25-1lb;
we’re talking less than 1% of body weight. (a laxative may produce more liquid, but that would be quickly replaced on the ground before flying).
A plane (Boeing 737-800) has max takeoff weight of 175,000lbs (plane = 90,000lb, fuel = 40,000lbs) leaving 20,000lbs for passengers, crew, food + drink and luggage. 200 passengers @ 2lbs each (being generous) is a saving of 400lbs on a 170,000lb plane – about a quarter of one percent of saving.
A full fuel-load costs about $28K, so a saving of €$65.
I do love that you are able to provide answers to these questions, Cian.
The important stuff too!
Privacy is an issue to a cashless society, a technical “outage” will leave you stranded, hackers/hostile agents could wreck your day/life, economic power of individuals would be placed more so into the hands of the oft-bashed banking fraternity, (Tracker mortgage fraud scandal, Libor scandal, Anglo-Irish criminality, Overcharging as a policy, PPI, etc…) a trustworthy bunch. There are benefits to cashless systems but cash should not be done away with.
are you a taxi driver by any chance?
Popped into an small icecream shop on Dawson St last month on a particularly hot day with the fam. Line was down for his POS and so he couldn’t take cards, and he was tearing his hair out, understandably – lines of punters turned away.
Scandinavia is approx 80% card payments these days, and rising, and everything works fine. It makes for more convenience for customers and businesses, higher tax income and reduced costs for the state, and reduced criminality. Its a big winner all round.
I wonder how many of the people who seem to give out about these “privacy concerns” with a largely cashless society are fully tax compliant.
It’s not just that bort
Smaller retailers tell me charge for debit cards is 4%
Cash handling costs are 5-15% for most businesses, depending on sector.
Even with excessive card processor fees (4% is higher than most) its still cheaper for a business to deal with cards only.
That is unless they’re unusually “tax efficient”. Like quite a few city center, old man style pubs in Dublin that are still cash only…
I doubt your figures are accurate
For a small town retailer the only cash handling cost he had is walking to the local bank
Where are these ‘small town retailers’ that you know who walk around with thousands of euros of takings, and about what time would you say they make this trip to the bank…
I used to do it around just after lunch hour, back in my retail days
Scandinavian efficiency…..this is Ireland
Wait till you get the pilot-less email.
People are less reluctant to spend when they can’t see the money they’re handing over. Card money isn’t the same as real money.