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Originally Posted by idi banashapan
1) which is why I said to ensure businesses get themselves card-payment ready. They have 7 years to buy a POS
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Actually I know of a few businesses who did have the card terminals, but stopped using them either because of the processing costs involved, or because they are vulnerable to fraud.
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2) true, but making a payment online is very easy and very quick. I know some will say "but not everyone is online". Well again, true, but they still built roads even though not everyone had a new-fangled horseless carriage!!!
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Interesting that you bring up the example of roads, because while they have been built, people still have the option of using vehicles that are not motorised on them, or even walking.
Shutting down the cheque processing system will stop people being able to use cheques.
Anyway, I was making the point that the new methods are not always as conveniant as they appear.