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EFTPOS not accepted in Canberra?

By La_Tour_Maubourg - 5 November 2013 87

Does anybody else get annoyed with this in this day and age? You order food at a cafe, bill comes at $50+ then told EFTPOS is not accepted.

Surely these days having an EFTPOS terminal is essential to a business as people like myself seem to carry less cash. If Medicare has now gone cashless surely that can set an example to other retail businesses?

What’s Your opinion?


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87 Responses to
EFTPOS not accepted in Canberra?
Pitchka 10:54 am 05 Nov 13

How the flip do you expect us to hide money from the tax man and avoid paying too much tax if we have EFTPOS!

Cash money, cash money!!!

kea 10:48 am 05 Nov 13

The chances of an establishment having EFTPOS in Canberra is way higher than in Sydney. If you can only use EFT when paying for your lunch, your options are truly limited..

muscledude_oz 10:36 am 05 Nov 13

One thing which bugs me are businesses which don’t have Visa PayWave. Rebel Sport at Woden Plaza in particular. I realise all you have to do is stick your card into the bottom of the terminal and press a few buttons, but when Visa rolls out something like PayWave it is reasonable to expect a large retail chain to have it.

Robertson 10:29 am 05 Nov 13

Er, the first thing you do before ordering food/drink is figure out how you’re going to pay for it.

thebrownstreak69 10:25 am 05 Nov 13

johnboy said :

Costs them money every time cash is used too, particularly when hiring staff on low wages.

Ever tried doing a monthly stock take when some of the staff have been under ringing the purchases and pocketing the difference?

Firstly you know you’re down a load of money and secondly the bloody numbers on the stocktake won’t reconcile no matter what you do.

For a legit business running a straight set of books putting everything in on pay wave would at least come close to the real costs of running floats and reconciling them.

Less chance of getting some loser with a knife making off with your days takings too.

Some restuarants in the US have a system where they have a sign by the cash register saying ‘IF YOU DON’T GET A RECEIPT THE MANAGER WILL GIVE YOU A FULL REFUND’.

johnboy 10:20 am 05 Nov 13

Costs them money every time cash is used too, particularly when hiring staff on low wages.

Ever tried doing a monthly stock take when some of the staff have been under ringing the purchases and pocketing the difference?

Firstly you know you’re down a load of money and secondly the bloody numbers on the stocktake won’t reconcile no matter what you do.

For a legit business running a straight set of books putting everything in on pay wave would at least come close to the real costs of running floats and reconciling them.

Less chance of getting some loser with a knife making off with your days takings too.

BimboGeek 10:20 am 05 Nov 13

Banks are making so much money off cards that they don’t even require a signature or password. A few hundred dollars off a stolen wavey card before it’s noticed and reported is just peanuts into their profit.

Of course what you really want are the points that give you free stuff, right?

Guess who has to pay for those points. It’s not Santa.

Rollersk8r 10:13 am 05 Nov 13

Really not that big of a deal. You learn the first time and come prepared the second time, assuming it’s worth returning. Pizza Gusto is a prime example. Slightly inconvenient they’re cash only but the product is good, so come prepared.

Look at it from the business owner’s point of view. Takeaway places generally sell a lot of small items. And it costs them money every time eftpos is used.

RadioVK 9:55 am 05 Nov 13

steveu said :

f4te said :

A surcharge-free MasterCard PayPass / Visa payWave system should be standard in this day and age.

Yep. Somehow I think the banks make enough out of our money on the short term money market to make it worthwhile. And the interest rates on credit cards is obscene, I would find it hard to comprehend that they are not making alot out of that side of their business too.

Either way, banks are still making record profits. And they had the luxury of being protected by the federal govt during the GFC (which in return, the govt should have imposed greater regulation as an assurance that the stupidity of the US wouldnt happen here IMHO).

The other issue is that the fees the banks charge for the privilege of having an EFTPOS terminal at your business are astronomical, plus you have to guarantee a minimum level of usage per month, or it will be removed.

It’s just another way for the banks to gouge their customers.

zorro29 9:39 am 05 Nov 13

+1000 to all the comments above including OP

I am also someone who doesn’t like to carry cash (any really). If a place has an EFTPOS minimum (or worse, won’t accept it), I take my business elsewhere. Not only is it dodgy, it’s not consumer friendly

Cash-free society wooooooo!!!!

steveu 9:36 am 05 Nov 13

f4te said :

A surcharge-free MasterCard PayPass / Visa payWave system should be standard in this day and age.

Yep. Somehow I think the banks make enough out of our money on the short term money market to make it worthwhile. And the interest rates on credit cards is obscene, I would find it hard to comprehend that they are not making alot out of that side of their business too.

Either way, banks are still making record profits. And they had the luxury of being protected by the federal govt during the GFC (which in return, the govt should have imposed greater regulation as an assurance that the stupidity of the US wouldnt happen here IMHO).

Cantabile 9:24 am 05 Nov 13

cmdwedge said :

I assume that all cash-only places are not reporting all of their income for tax purposes. You’d probably find that the staff are paid under the table too.

I’m right there with you in that assumption. I’ve also noticed a few businesses who have eftpos during normal trading hours, then cash only on their boxed food at the end of the day.. Writing it off as wastage perhaps?

cmdwedge 9:11 am 05 Nov 13

I assume that all cash-only places are not reporting all of their income for tax purposes. You’d probably find that the staff are paid under the table too.

f4te 9:04 am 05 Nov 13

A surcharge-free MasterCard PayPass / Visa payWave system should be standard in this day and age.

enrique 8:46 am 05 Nov 13

Agree, with a caveat.

EFTPOS for a retail business these days is the equivalent of having an email account…it’s a baseline minimum requirement of doing business.

That said though, spare a thought for the poor cafe owner. Cafe’s have been popping up all over Canberra at such a high rate over the past few years that it has me thinking the marginal return from operating in that industry has either flatlined or is trending down. Setting up the EFTPOS machine is probably the least of their worries at this point

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