Thailand going cashless. Are you for or against it?

[Liverpool Lou]

4 hours ago, sqwakvfr said:

Went to a cashless Starbucks in Chiang Mai but there was a cash tip jar at the counter.  One problem some may face is not all foreign debit or credit cards will work in the Land of Smiles.  

Luckily the "cash only" places are the tiny minority and there's more to life than Starbucks.

[scubascuba3]

1 hour ago, seedy said:

Arguing that you don't care about the right to privacy because you have nothing to hide is no different than saying you don't care about free speech because you have nothing to say.

Edward Snowden

Obviously the cashless society is coming so get used to it

[ukrules]

5 hours ago, bob smith said:

how about you lot? are you for or against going cashless?

Both systems will run alongside each other for another 100 years and Thai people will still be keeping their savings in gold bars forever.

 

[Liverpool Lou]

4 hours ago, bob smith said:

4 hours ago, phetphet said:

I, and several friends have had bank accounts closed in the last few years by the banks. Never given a reason. Just a message that the bank has decided to close the account.

Without cash. How to survive that?

wow. tyranny at work.

 

it's frightening when you think about it.

Not at all "frightening" as it is a very rare occurrence and there's always a reason for a private bank to close a customer's account.

[scubascuba3]

21 minutes ago, Chelseafan said:

 

With a cashless society you are at the mercy of the banks. They can quite easily put up their transaction charges to the retailer which in turn will push up the cost of goods.

 

A cashless society is definitely coming it's just when. As for the banks, good competition means competitive charging, usually downwards

[Aussieroaming]

For cashless, it is the future of financial transactions. 

[scorecard]

imagine going to buy a pad thai on the street for 40 baht and having no cash to pay only credit card?? where is the vendor gonna swipe it exactly, lol.

 

More and more small vendors are displaying their QR code, I see many Thai customers  doing a quick QR scan and pay using their bank app. Totally easy.

 

I pay as much as posible by bank transfer (most times the details are already in my notebook internet banking) or QR code payment.

 

But I do keep about 200Baht cash in my wallet just in case cash is 'compulsory'. Rarely used.

[3NUMBAS]

i like a roll of grubby smellly notes so i am for cash

[3NUMBAS]

beggars in the uk  are having hard times as nobody carrys cash any more .some street musicians have a unit so you can pay with card

[Mac Mickmanus]

4 hours ago, Chelseafan said:

I have something to hide ????

 

I asked my local decorator to repaint the outside of my house (UK) and he quoted £400 which is the market rate for this area but he could do it for £330 cash. Now I know he isn't declaring this to the tax man but I'd much prefer to pay the lower amount.

 

You prefer paying cash so you can commit a crime and not pay tax ?

  Please change your name yo "Liverpoolfan' 

[Mac Mickmanus]

8 hours ago, JonnyF said:

I'm against it. Too easy to "switch someone off" if they hold the wrong opinion, protest the wrong party etc. 

 

Also, I like the anonymity of cash. I don't want records of every place I've been, every taxi I've taken, every meal I've eaten. Nothing to do with having something to hide, it's the basic human right to a bit of privacy from the government. They are there to serve us, not spy on us and decide when we can have access to our money.

Honestly, no one is bothered about what you eat or when you take a taxi and you aren't going to get "switched off" if you have a certain opinion . 

  

[ben2talk]

It should be a matter of choice.

[seedy]

18 minutes ago, Mac Mickmanus said:

You prefer paying cash so you can commit a crime and not pay tax ?

Better ask King Charles and his Motley Crew, all the Fortune 500 companies, etc etc etc why they pay no tax ?

Yet single out a working man saving 70 GBP - 555 U Funny Guy

[hansnl]

Creating money is the business of the state how much there is.

Banks create no money, just zeros and ones in some computer.

8 hours ago, scubascuba3 said:

Unless you have something to hide I don't see the problem 

That sir, is a rather "innocent" and very dangerous declaration.

Why must Banks know exactly where I spend my money on, how much, where, when?

Or why should a government know all this?

I decided to pay only cash from now on

8 hours ago, Lacessit said:

I get rather fed up waiting at checkouts while people faff about on their smart?phones, when I get change in about 30 seconds flat for my cash.

 

The Romans said it first. "Sed quis custodiet ipsos custodes?" Who shall guard the guardians?

IMO anyone who trusts any government not to use the data of a cashless society, in ways never anticipated by a participant, is a complete moron.

Governments using all these data is bloody dangerous, but banks getting all the payment transactions first is pure horror.

[cmjc]

 

[sqwakvfr]

Today I went to a Supersports store in Chiang Mai to buy a pair of shoe laces at 59 Baht.   There were two registers open and 4 people ahead of me in line.  All four were paying by QR code scan.  I got to the register to pay with cash 15 minutes later.  Welcome to the future.  

[NoshowJones]

7 hours ago, scubascuba3 said:

You need to move with the times otherwise you'll be left behind

True, but surely that applies to Thailand itself. What is the chance of Thailand moving with the times? Can you imagine that in the country of low IQs? All the unnecessary paperwork, people working in offices who are not computer literate, etc, etc.

[NoshowJones]

7 hours ago, garrya said:

Anyone who believes digital currency is for the greater good is a complete moron. 

I thought the governments are there to serve people. I may be living in a dream though.

Instead, we should put a tracker and a digital ID on all state employees to see who they meet, who they deal with, who lobbies and what they lobby for, how they spend public money.......and most importantly, track all the research, studies, contracts, agreements they sign. If it's for the greater good, why would anyone conceal info from the populace?

 

The world has gone mad that people believe that all these restrictive measures are for the "people". 

Brainwashing at its best.

 

Can you imagine the soldiers government in a cashless society? How are they going to collect all their brown envelopes? 

[khunPer]

Neutral, but cannot vote that, so that must be a blank vote...

[donmuang37]

9 hours ago, scubascuba3 said:

Unless you have something to hide I don't see the problem 

Simple: electronic currency is programmable. Want to buy Anutin's wacky backy? No problem!  Want to donate to Future Forward party? Won't process, plus you're now on a black list.  Khun Benejo nailed it.

[scubascuba3]

33 minutes ago, NoshowJones said:

True, but surely that applies to Thailand itself. What is the chance of Thailand moving with the times? Can you imagine that in the country of low IQs? All the unnecessary paperwork, people working in offices who are not computer literate, etc, etc.

We don't want Thailand to move with the times, most of us like Thailand being backwards

[billd766]

9 hours ago, sandyf said:

One can only assume you have never been to China, virtually cashless, even old ladies in the market paying the equivalent of 5 baht with a smartphone.

Very difficult for tourists with many services unattended and payment by QR code.

Paying by cash is expensive, nobody has any change and you end up paying over the odds, but you get what you pay for so to speak.

I live in rural Kamphaeng Phet and always use cash, as does my wife. Most of the shops, malls, gas stations etc use a choice of cash, credit/debit cards, QR codes etc.

 

Most stalls and markets use cash. We pay the same price in cash as the cards are charged.

[NoshowJones]

12 minutes ago, scubascuba3 said:

We don't want Thailand to move with the times, most of us like Thailand being backwards

Lets just see what happens when/if the unelected soldiers go back to their barracks and parade grounds and there is a proper elected government again.

[billd766]

6 hours ago, hotandsticky said:

 

 

I have no issue with that, I would certainly want to retain that option  -  bit don't whine when something costs you more when paying for cash.

Please don't whine when we get a discount for cash payment.

[NoshowJones]

2 hours ago, Mac Mickmanus said:

You prefer paying cash so you can commit a crime and not pay tax ?

  Please change your name yo "Liverpoolfan' 

What about all the rich people with their offshore accounts etc? Are they not committing crimes? Why is their money in offshore accounts in the first place? Would avoiding tax not have anything to do with it?

[NoshowJones]

2 hours ago, Mac Mickmanus said:

Honestly, no one is bothered about what you eat or when you take a taxi and you aren't going to get "switched off" if you have a certain opinion . 

  

and you are sure about that? Give people to much power and anything can happen.

[Chelseafan]

2 hours ago, Mac Mickmanus said:

You prefer paying cash so you can commit a crime and not pay tax ?

  Please change your name yo "Liverpoolfan' 

Haha. In my fuzzy world, I did not commit a crime. The labourer did. I just asked what the cash price is. What he does is up to him. Hopefully that would hold up in court ????

 

 

 

[Chelseafan]

6 hours ago, scubascuba3 said:

A cashless society is definitely coming it's just when. As for the banks, good competition means competitive charging, usually downwards

IF there is good comeptition and no collusion behind the scenes. I mean banks are squeaky clean in Thailand, right ?

 

[Mac Mickmanus]

13 minutes ago, Chelseafan said:

Haha. In my fuzzy world, I did not commit a crime. The labourer did. I just asked what the cash price is. What he does is up to him. Hopefully that would hold up in court ????

 

 

 

If you knew (and you did) that he was committing fraud and you participated in that fraud, then you are equally as guilty as he is 

[ukrules]

2 hours ago, hansnl said:

Creating money is the business of the state how much there is.

Banks create no money, just zeros and ones in some computer.

Rest assured, commercial banks do create money, the physical cash created by the central bank is but a small fraction of all money.