News Archive 2024

This link below takes you to how a bus fare can be paid for in New York. new.mta.info/guides/riding-the-bus Amongst the options listed: “With exact change in coins 1. Board via the front door. 2. Insert exact change into the farebox.” Now you might be thinking that this is a relatively new innovation, insisting on cash being paid in exact fares being a step in the direction of th....

This sign is in the window of a retailer in the small but bustling town of Callandar in Scotland. The retailer prefers cash - and makes clear the reasons why. The last bank branch in this town will close in November 2024 - and no “bank hub” is to be provided. Towards the end of the notice you will read that this retailer believes that if businesses take more cash and deposit it via ....

Payment Choice Alliance spokesperson Ron Delnevo speaks to Peter Levy on BBC Look North about why everyone in Yorkshire and the whole UK deserves Payment Choice. Source: [link]

Revolut is a phenomenal success story. The Big Five UK banks are losing a lot of business to Revolut - and that trend is likely to gather pace. A few weeks ago, Revolut confirmed that over 70% of their business customers made cash deposits. However, there are severe restrictions, imposed by the Financial Conduct Authority (FCA), as to the amount of cash that can be deposited. Here is how Revol....

Another crack appears in the “cashless” assault on the British public. Black Sheep Coffee has been “cashless” since they started operating in 2013. They have been named & shamed by the Payment Choice Alliance and severely criticised by customers - but they seemed not to be listening. But, finally, they have seen sense. Look carefully in the bottom right hand corner ....