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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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Roland Perry writes:
I wonder how many retail businesses accept only plastic ? It's quite difficult to buy airline tickets with cash (notwithstanding the alarms bells that would ring at Homeland Security). My lawyer and realtor don't accept cash, and I've often encountered railway ticket vending machines where the banknote facility was broken, and only cards would work. I suspect it's pretty location specific. Japan (where I live) is still very much cash-based, for instance. Retail acceptance of credit-cards in Japan is much broader than it was 15 years ago, but people using them are still very much "the exception." It feels verrry different than the U.S., for instance, where scads of people do stuff like use a CC/DC to buy their morning coffee, newspaper, stick of gum.... :/ [I'm not sure if it's connected, but Japanese CCs are also _much_ stingier about extending credit past the end of the month -- you _can't_ just decide to pay off your card bill a bit more slowly if you realize you're a bit skint this month; if you don't pay off in full, you risk losing your card (you can get extended payment periods, but you must explicitly arrange them in advance). In the U.S., by contrast, people routinely extend payment of their card bill over long periods of time; this isn't financially very sensible of course, but I think the ability to do it does give people a feeling of security, and probably greatly helped popularize CCs...] -Miles -- Ocean, n. A body of water covering seven-tenths of a world designed for Man - who has no gills. |
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