Cashless society

Fat Chance said:
When Aldi first come over here it was cash only the tills.
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It was indeed .... but an increasing amout of people started asking why they didn't have self service, especially the younger element of its custom, and Aldi realised they had to either introduce it or lose a lot of business ... the Aldi i use in Manchester Arndale is extremely busy all through the week ... they maintain both manned tills and self service, and both are extremely well used .... and as you'll know Aldi's manned checkouts are probably the fastest in the business.
 
Eaststander1 said:
It was indeed .... but an increasing amout of people started asking why they didn't have self service, especially the younger element of its custom, and Aldi realised they had to either introduce it or lose a lot of business ... the Aldi i use in Manchester Arndale is extremely busy all through the week ... they maintain both manned tills and self service, and both are extremely well used .... and as you'll know Aldi's manned checkouts are probably the fastest in the business.
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A manned checkout is only as fast as the customer packing their bags.
 
Eaststander1 said:
It was indeed .... but an increasing amout of people started asking why they didn't have self service, especially the younger element of its custom, and Aldi realised they had to either introduce it or lose a lot of business ... the Aldi i use in Manchester Arndale is extremely busy all through the week ... they maintain both manned tills and self service, and both are extremely well used .... and as you'll know Aldi's manned checkouts are probably the fastest in the business.
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The Aldi I use has no self service and, of the seven tills, only two are in use at any one time and quite often just one.
 
tweety said:
A manned checkout is only as fast as the customer packing their bags.
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Whilst that's true, in Aldi you're NOT expected or even welcome to pack your bags at the manned checkout or till itself... they provide packing shelves nearby that you're expected to use, and they aren't usually slow to point that fact out to you should you dare to hold up the queue .... it keeps their operation running at a fast pace, the place is like a madhouse at times.

But packing at the self service machines is unavoidable, and most people using them don't really appear to buy or spend all that much.
 
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Eaststander1 said:
Nobody back then was implying Aldi could be laundering or tax dodging...nowadays everyone is about to turn qe if somebody is seen with a score note...clever how they done it, subtle.

Seen a dejected looking narcisist a few weeks back, asked him how his non cash eaterie was doing ( its borded up) he told me f*ck off.
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As a business owner, the idea of taking card payments only is becoming more and more appealing.

With cash there’s loads of headaches (theft, collecting it, paying it into the bank, fake notes, organising a daily float). It’s a ballache.

Card transactions are significantly simpler. Yes, you have to pay the VAT and declare what you earn, but any serious business person will be doing that anyway.
 
Eaststander1 said:
Whilst that's true, in Aldi you're NOT expected or even welcome to pack your bags at the manned checkout or till itself... they provide packing shelves nearby that you're expected to use, and they aren't usually slow to point that fact out to you should you dare to hold up the queue .... it keeps their operation running at a fast pace, the place is like a madhouse at times.

But packing at the self service machines is unavoidable, and most people using them don't really appear to buy or spend all that much.
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The self service tills are used mainly by people who have a few bits and pieces, you never see people with a full shop.

Imagine the chaos nearer Xmas time if everyone used them? The supermarkets would have to quadruple the floor space to accommodate the line of groaning trollies.
 
Eaststander1 said:
But packing at the self service machines is unavoidable
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And it takes twice as long, because you can't scan the next item until the machine has registered the previous one. In Malaysia, they have the self-service machines, but instead of a weighing scale, they just have a security guard hanging around watching. Much quicker (and probably much worse for people nicking stuff).
 
I find going to an ATM a massive pain in the arse so I’d prefer it but so many places only take cash out here.
 
I used to run the cash operation for a major bank. You would not believe the infrastructure needed to support it from designing and printing notes to cash centres all equipped with state of the art kit and security, to the cash in transit business that the likes of Securicor run, to a fleet of 1000's of ATM's and their maintenance and replenishment. Not to mention the cash handling in Branches and the security implications of that.

The only thing I ever use cash for now is the car wash and the window cleaner. It would be best to get rid completely albeit the tax evading and criminal fraternity would probably disagree.
 
Saddleworth2 said:
I used to run the cash operation for a major bank. You would not believe the infrastructure needed to support it from designing and printing notes to cash centres all equipped with state of the art kit and security, to the cash in transit business that the likes of Securicor run, to a fleet of 1000's of ATM's and their maintenance and replenishment. Not to mention the cash handling in Branches and the security implications of that.

The only thing I ever use cash for now is the car wash and the window cleaner. It would be best to get rid completely albeit the tax evading and criminal fraternity would probably disagree.
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Aren't that what banks are for? Billions in profits every year but not happy to circulate cash, madness.
 
tweety said:
Aren't that what banks are for? Billions in profits every year but not happy to circulate cash, madness.
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I gave a personal opinion mate not a bloody strategy for the banking industry. They will supply cash for as long as punters want it.
Imo we would all be better off without it.
Madness.
 
Saddleworth2 said:
I gave a personal opinion mate not a bloody strategy for the banking industry. They will supply cash for as long as punters want it.
Imo we would all be better off without it.
Madness.
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Easier isn't always better mate, but I do understand how people feel that using a card would be easier.

There is something pleasing about cash, it's in your pocket it has a value past it's actual value and it has a history soulless credits don't have. That being said I wont be around to see the day when you pay with a barcode tattooed on your forehead so it's all good.

Now just for the hell of it I will post a pi8cture of my latest coin acquisition for the old fuckers to get all weepy eyed about and it's sterling silver too so it will always have some intrinsic value.

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s-l1600.webp
 
mexico1970 said:
Easier isn't always better mate, but I do understand how people feel that using a card would be easier.

There is something pleasing about cash, it's in your pocket it has a value past it's actual value and it has a history soulless credits don't have. That being said I wont be around to see the day when you pay with a barcode tattooed on your forehead so it's all good.

Now just for the hell of it I will post a pi8cture of my latest coin acquisition for the old fuckers to get all weepy eyed about and it's sterling silver too so it will always have some intrinsic value.

View attachment 173593


View attachment 173594
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They look mint (see what I did there :-)). Rare notes are also very collectable and have some value. Genuinely though, if you have worked with cash as much as I did - starting from being a Branch teller, its dirty and smelly and you need to give your hands a bloody good wash very regularly.

It is a thoroughly fascinating subject though for a nerd like me. Managing cash stocks, driving ATM availability, for someone who likes metrics for performance it was almost the perfect job. Not so great was watching a JCV drive trough the wall of a cash centre though. It was certainly never boring.
 
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