
A new brewpub which opened this week in Western Australia generated a stir on social media after it said it wouldn’t take cash and only accepted card payments.
Froth Craft Brewery, across the road from North Beach in Perth’s north, celebrated its opening in preparation for the weekend crowds, with the brewery’s two other pubs in Exmouth and Bunbury already highly popular.
However, potential customers on the Hey Perth Facebook group took issue with the refusal to take cash saying they would avoid the venue, and that they would not be supporting them if they wouldn’t accept cash.
Another person agreed that if venues were not accepting legal tender they should be boycotted.
A third added that cash was the key and they wouldn’t see them in there and they only live a few minutes away.
Another said, no cash, been to two venues like this and when the bank’s system keeps stuffing up so you can’t buy anything they’ll be whining business is slow.
Another agreed that they would be laughing at them when the next online banking or telecommunications outage happened.
A fifth person said, no cash, no business from them.
However, some claimed there was a good reason the business had opted to not have cash on the premises.
One commenter argued, that no cash is more security for businesses and more security for patrons.
Another agreed that less than 15 per cent is paid by cash and that they didn’t think the small number of people refusing to go there because of that would affect their sales.
Australia is shifting to a mostly cashless society with digital payments soaring and banks streamlining their operations by ditching cash, but some claim the switch leaves businesses and customers vulnerable to hacks or computer outages.
Digital payments also incur a fee whenever they’re made, chipping away and both businesses’ and customers’ savings, in contrast to cash which keeps its set value.
Speaking at a conference this week, RBA governor Michele Bullock said the share of consumer payments made using cash declined from 70 per cent in 2007 to 13 per cent last year.
Although the federal government and the central bank are committed to keeping cash as a failsafe payment option in Australia, RBA governor Michele Bullock says its declining popularity is posing a challenge.
The number of ATMs and bank branches where people can get money out has already been declining, though Ms Bullock said the distances people needed to travel to access cash have been little changed in recent years.
Go cashless and go broke. People like to have a preference in how they pay. Say goodbye to markets, garage sales, Facebook marketplace et cetera. It will be a no-cash future.
Almost daily I read or hear about some group undoubtedly in the minority being given every privilege and advantage.
A couple of people whine about a dog yapping and that it’s off its lead and then we find the parks have closed. Then you have people saying they can’t do well in their preferred sport because they want to be a boy or a girl, and then suddenly they’re all pariahs if they say it’s unfair. Now cash payers and users are the minority and they’re being discriminated against and told to tow the line.
Governments want a cashless society because it’s far easier to control the masses if there’s no cash and in the end, they will have everyone by the throat. Just wait and see!