We are heading into a cashless society they say. Do your banking online, it’s easy they say. Until shit hits the fan and you can’t access your funds. When the gov’ment says it’s save to vote online then I’ll consider it. Until then I’ll stick to using my card or cash thanks.
I love my virtual money and almost never use cash. But we definitely need to have more back up systems in place in case of IT failure - not just in banking, but in pretty much everything. Companies have been very quick to take the cost savings of moving to efficient computerised systems, but have neglected to put in place backup systems to provide resilient systems. At one stage when the EFTPOS system went down they could manually swipe your card through and it would be processed later, now there is nothing.
A lot of companies are running extremely outdated software, and either can’t or won’t spend the money to upgrade it. Which leaves them prone to breakdowns, and security breaches, leading to not just data leaks but can bring their entire system down, if (like the Fire Services) a virus gets into the system. Or in the case of my now ex health insurance company they try to upgrade but don’t seem to have a plan to wind back to a stable system if it goes wrong.
Yep. I do something similar. All online purchases and bills, credit card. All real life purchases, cash. Credit card then gets paid at the post office using cash. Occasionally I have to use my debit card but limit that to big businesses only.
We are heading into a cashless society they say. Do your banking online, it’s easy they say. Until shit hits the fan and you can’t access your funds. When the gov’ment says it’s save to vote online then I’ll consider it. Until then I’ll stick to using my card or cash thanks.
I love my virtual money and almost never use cash. But we definitely need to have more back up systems in place in case of IT failure - not just in banking, but in pretty much everything. Companies have been very quick to take the cost savings of moving to efficient computerised systems, but have neglected to put in place backup systems to provide resilient systems. At one stage when the EFTPOS system went down they could manually swipe your card through and it would be processed later, now there is nothing.
A lot of companies are running extremely outdated software, and either can’t or won’t spend the money to upgrade it. Which leaves them prone to breakdowns, and security breaches, leading to not just data leaks but can bring their entire system down, if (like the Fire Services) a virus gets into the system. Or in the case of my now ex health insurance company they try to upgrade but don’t seem to have a plan to wind back to a stable system if it goes wrong.
i always have a bit of cash at home just in case
Me too.
I always try to use cash for small businesses and always try to use my card for big businesses.
Small businesses above a certain size save money not having to do physical banking.
I’m mostly talking savemore and market europa.
Yep. I do something similar. All online purchases and bills, credit card. All real life purchases, cash. Credit card then gets paid at the post office using cash. Occasionally I have to use my debit card but limit that to big businesses only.
yup, I prefer to use cash
I use cash probably 95% of the time.