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New £20 Note

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diddlydo | 08:04 Thu 20th Feb 2020 | News
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With the new £20 note being launched today, I wonder how often and why/where do people still use cash?
https://www.theguardian.com/money/2020/feb/20/new-20-notes-featuring-jmw-turner-enter-circulation
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I still use cash.
The hairdressers and window cleaners want to stay with cash, so they can under-declare theirs earnings to the taxman.
DDs are an agreement for someone else to grab whatever they demand from your worldly wealth and consequently an utterly insane idea (except for the taker of course), leaving the vulnerable trusting nothing will go wrong. They have to be avoided at all cost. Should be illegal.

The difference is that any Net/computer transactions are potential targets for hackers. You can't hack cash. That's what makes one a prime target for hackers to activate one's account and empty it. You are too trusting of those who have their own interest at heart, not yours.

The bank's system is how their system works. They can be responsible for their actions. The difference is I have my own system proven effective over years of agreement with banks/sellers regarding how things are done. It gives me records in my hand the moment I pay a bill or deposit a cheque.
There's a whole DD guarantee system, you can cancel them at anytime. Gawd what load of hassle you must tolerate OG! My entire set up is totally automatic, a penny has never gone missing. It's a major chore for me if I do have to intervene at any time, thankfully that is rare.

If you do not use internet banking then that makes it much easier for a potential tea leaf to use your details to activate your internet banking without your knowledge, all they have to do is your SC/Acc, on every cheque, to set up for you, they just need to intercept one letter then they'll have all they need to pretend to be you. They will then supply their phone number and passwords/recognition data etc. Much better to do it yourself.
And you think you are invulnerable to that ?
Gosh, OG, if I had to pay for everything with cash I'd have bailiffs knocking at my door.
OG, stop being a dinosaur and read this:
https://gocardless.com/direct-debit/guarantee/
OG, if you have monthly direct debits, it's easy to arrange them to be on the same day then once a month you just need to monitor your transactions on the mobile app. Surely that's easier than making a payment for each individual bill? Gas, water and electric can't be obtained without monthly payments so if you don't have a direct debit i'm unsure how you'd access those.
The bright young things are circling, OG. :-)
no, never said that, but it's much easier to access someone's account that does not currently have Internet banking. That's because they wont have to try and guess Pin numbers, passwords, mothers maiden name, favourite football team etc they'll just create those themselves. I advise you to set yours up, even if you don't use it. All accounts are on the system anyway, they don't operate yours out of a paper ledger you know!
that was to OG at 10:01
"Gas, water and electric can't be obtained without monthly payments...."

Completely untrue but carry on to the point where you do the u-turn please.
Do you not Direct Debit for gas water electric?

Everyone I know and their nan round my end does.
That's not "can't be obtained" though, is it?

Accepted.
Apparently you can pay for energy on receipt. I'm not sure how, I assume via a direct debit.

I can't imagine sending cash or cheque to a energy supplier.

Of course you can pay your bill in full or in quarterly instalments, via direct debit.
-- answer removed --
TD....you can pay it at most shops in cash. They just scan the payment slip.
How do you think people with pre-payment meters pay?
You can pay your energy bills at the post office, cash or cheque.

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