Thanks for the work on surcharges. I saw a good clear sign at a bar in Christchurch recently that explained the fees for each type of transaction. It was much better than the usual tiny note taped on, visible only once you get to using the card machine itself.
I resisted Paywave on the basis of security - what if I dropped my card & someone picked it up & thereafter didn't need a PIN to use it? Then COVID came plus my bank clarified that there was a limit on $$ without PIN & lower amounts were covered if the card was lost/stolen - I guess they WANTED Paywave to take off?? The downside still remains that by seldom needing my PIN, I find it hard to remember whether my account is Credit or Cheque (I have 2xcards so same question for both!) and which PIN # on which card...
I like to use my card for most things as it is a form of electronic budgeting - easy to check on expenditure & if you pay off the total balance there's no interest (plus SOME more security as opposed to cash) but after living through Christchurch EQs I will NEVER forgo a small hidden $$ stash for emergencies along with the tinned & dried basic foods for several days of disruption. An older relative puts away cash each week & pays the total Rates bill in full in cash! (to be fair, that is since they discontinued cheques)
Thanks for the work on surcharges. I saw a good clear sign at a bar in Christchurch recently that explained the fees for each type of transaction. It was much better than the usual tiny note taped on, visible only once you get to using the card machine itself.
I resisted Paywave on the basis of security - what if I dropped my card & someone picked it up & thereafter didn't need a PIN to use it? Then COVID came plus my bank clarified that there was a limit on $$ without PIN & lower amounts were covered if the card was lost/stolen - I guess they WANTED Paywave to take off?? The downside still remains that by seldom needing my PIN, I find it hard to remember whether my account is Credit or Cheque (I have 2xcards so same question for both!) and which PIN # on which card...
I like to use my card for most things as it is a form of electronic budgeting - easy to check on expenditure & if you pay off the total balance there's no interest (plus SOME more security as opposed to cash) but after living through Christchurch EQs I will NEVER forgo a small hidden $$ stash for emergencies along with the tinned & dried basic foods for several days of disruption. An older relative puts away cash each week & pays the total Rates bill in full in cash! (to be fair, that is since they discontinued cheques)