Hopefully not. Businesses should be able to choose how they take payments, if people don’t like it don’t shop there
If the businesses don’t want cash I’ll have it everyone 🙂
Oh no, they have to take payment in exchange for goods and services, like a business! How awful.
> When appearing before the Committee, the Economic Secretary to the Treasury stated, “We have no plans to regulate businesses, big or small, to compel them to accept cash”
Better the government spends its efforts on making cashless payments more accessible to disadvantaged groups. Why are some people forced to rely on cash, and can we help by removing barriers?
I’d have thought the Treasury would favour cashless payments anyway. “Cash in hand” is basically shorthand for “tax evasion”.
Could, but it won’t.
Businesses have the right to accept whatever payment method they choose.
Good
Coincidence….increase in cash payments…decrease in tax revenue
The consumer should always have the choice.
Our government loves to stand in the way of progress.
But Big Tone at my local ‘spoons said “cash is king”, and I took that to mean that paper money is great and cards are bad.
My little brain can’t begin to understand the importance of cash flow to a business, and doesn’t understand that banks charge businesses for handling cash.
CASH IS KING, USE IT OR LOOSE IT ALONG WITH OUR FREEDOM. THANK YOU FOR YOU’RE ATTENTION TO THIS MATTER!
I’m not financially smart enough, please do explain, isn’t this basically the government encouraging tax evasion?
Good. Contactless is great until it stops working for some reason, cash is a necessary fallback option and for homeless people the ONLY option.
I want this to be the case. I feel like there is no point to cash for most of my life these days and there are lots of people who don’t want to be forced to use contactless or phone payment
Edit: updated to add or
Coffin dodger boomer voter fodder
What the fuck? They should be actively trying to get rid of cash rather than keeping an expensive archaic and highly abusable payment method in existence
Tax avoidance routes for plebs? Never gonna happen 😅
they will have to force me to carry cash first
Places like supermarkets, grocers and chemists should take cash. It’s important that people can at least get the basics if they prefer cash.
Personally, I hardly bother with cash and much prefer electronic payments and online banking.
Give it a couple of generations and it will happen by default anyway.
I think essential shops (like the big supermarkets) should have to accept cash so people can buy food. Everywhere else, make it a choice.
Having cash means your money isn’t in the bank, so they can’t lend your money out for profit
Another likely candidate pushing for a cashless society
Many Governments are legislating to keep cash as it’s more resilient to cyber attacks and the risk of war.
Cashless is great until the handful of big providers systems go down and you are left without any way to pay.
I love cashless payments with Apple Pay but I also appreciate the benefits to having some emergency cash and it being there as a back up system.
In my business I accept card (including American express), cash, bank transfer ,and foreign currency.it doesn’t bother me, it just makes it more convenient for my clients and it maximises my income and clientele.
Businesses have a choice
I do believe in making it more convenient for the customer more so than me.
Okay I have to deposit cash but accepting it outweighs the negative.
The only gripe I have with card payments is there needs to be faster processing time.
I do think businesses are going down a pathway (mainly big companies) in making things what’s best for them(shareholders) rather than what’s better for the customer.
we need to do the opposite. It is much harder doing things like tax avoidance when everything is done by card. Getting rid of cash would reduce the massive amount of money required to manage cash in the economy as well as increase tax receipts because people can’t hide it. Link all the banks up to HMRC and bam we are off to the races, could probably reduce taxes because everyone would then be paying instead of massive swathes of people avoiding.
23 comments
Hopefully not. Businesses should be able to choose how they take payments, if people don’t like it don’t shop there
If the businesses don’t want cash I’ll have it everyone 🙂
Oh no, they have to take payment in exchange for goods and services, like a business! How awful.
> When appearing before the Committee, the Economic Secretary to the Treasury stated, “We have no plans to regulate businesses, big or small, to compel them to accept cash”
Better the government spends its efforts on making cashless payments more accessible to disadvantaged groups. Why are some people forced to rely on cash, and can we help by removing barriers?
I’d have thought the Treasury would favour cashless payments anyway. “Cash in hand” is basically shorthand for “tax evasion”.
Could, but it won’t.
Businesses have the right to accept whatever payment method they choose.
Good
Coincidence….increase in cash payments…decrease in tax revenue
The consumer should always have the choice.
Our government loves to stand in the way of progress.
But Big Tone at my local ‘spoons said “cash is king”, and I took that to mean that paper money is great and cards are bad.
My little brain can’t begin to understand the importance of cash flow to a business, and doesn’t understand that banks charge businesses for handling cash.
CASH IS KING, USE IT OR LOOSE IT ALONG WITH OUR FREEDOM. THANK YOU FOR YOU’RE ATTENTION TO THIS MATTER!
I’m not financially smart enough, please do explain, isn’t this basically the government encouraging tax evasion?
Good. Contactless is great until it stops working for some reason, cash is a necessary fallback option and for homeless people the ONLY option.
I want this to be the case. I feel like there is no point to cash for most of my life these days and there are lots of people who don’t want to be forced to use contactless or phone payment
Edit: updated to add or
Coffin dodger boomer voter fodder
What the fuck? They should be actively trying to get rid of cash rather than keeping an expensive archaic and highly abusable payment method in existence
Tax avoidance routes for plebs? Never gonna happen 😅
they will have to force me to carry cash first
Places like supermarkets, grocers and chemists should take cash. It’s important that people can at least get the basics if they prefer cash.
Personally, I hardly bother with cash and much prefer electronic payments and online banking.
Give it a couple of generations and it will happen by default anyway.
I think essential shops (like the big supermarkets) should have to accept cash so people can buy food. Everywhere else, make it a choice.
Having cash means your money isn’t in the bank, so they can’t lend your money out for profit
Another likely candidate pushing for a cashless society
Many Governments are legislating to keep cash as it’s more resilient to cyber attacks and the risk of war.
Cashless is great until the handful of big providers systems go down and you are left without any way to pay.
See this article that explains it better than me https://www.rte.ie/brainstorm/2025/0415/1507541-cash-payments-electronic-transactions-storms-power-outages-wars-cyberattacks/
I love cashless payments with Apple Pay but I also appreciate the benefits to having some emergency cash and it being there as a back up system.
In my business I accept card (including American express), cash, bank transfer ,and foreign currency.it doesn’t bother me, it just makes it more convenient for my clients and it maximises my income and clientele.
Businesses have a choice
I do believe in making it more convenient for the customer more so than me.
Okay I have to deposit cash but accepting it outweighs the negative.
The only gripe I have with card payments is there needs to be faster processing time.
I do think businesses are going down a pathway (mainly big companies) in making things what’s best for them(shareholders) rather than what’s better for the customer.
we need to do the opposite. It is much harder doing things like tax avoidance when everything is done by card. Getting rid of cash would reduce the massive amount of money required to manage cash in the economy as well as increase tax receipts because people can’t hide it. Link all the banks up to HMRC and bam we are off to the races, could probably reduce taxes because everyone would then be paying instead of massive swathes of people avoiding.
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