this post was submitted on 17 Nov 2024
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Treasury confirms cheques will stay in circulation until 2029 but then cease to be accepted as legal tender

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[–] [email protected] 9 points 13 hours ago (2 children)

I thought this was already covered by cash just being legal tender.

[–] [email protected] 1 points 5 hours ago

You can't pay our council rates or water bills with cash. Come to think of it, I don't think you can pay electricity with cash either.

[–] [email protected] 6 points 13 hours ago (1 children)

There are a few retailers these days who don't deal with cash. It's just as weird to me as the retailers who only deal with cash.

[–] [email protected] 5 points 9 hours ago (1 children)

Personally it makes more sense to me to not deal with cash. Most people prefer card now and it makes you a lower target to be robbed if there's no cash

[–] [email protected] 2 points 7 hours ago

Plus banks are a pain to get to and do deposits. Cash is risky and costly to deal with. CC charges a fee, so maybe those costs are less visible as it’s skimmed right off the top, but many retailers just pass that on,