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The awesome app for sending money between people. So like you want to split the bill at a restaurant and someone swishes the money over to you from your account instantly. if not why not?... Brexit?
bit of a google says not yet
Try installing the app
So like you want to split the bill at a restaurant and someone swishes the money over to you from your account instantly.
The tight fisted, thieving rascals!
I'd rather they gave me money from their own accounts.
No wonder it's not caught on over here.
Isn't barclays PingIt pretty much the same thing?
ApplePay expanding soon to offer the same service. Sounds very convenient!
UK banks offer an innovative and useful service? Surely you jest!!
Similar options around already, e.g.
https://supportcentre.natwest.com/Searchable/913223232/Pay-your-friends-with-their-mobile-number.htm
Never used it, but then I put everything on a credit card anyway
if not why not?
We just give the waiting staff cash, instantly.
Brexit?
May your dog contract the chlamydia.
Not sure it would catch on. In a restaurant we just pay individually. We either split the bill or tell them how much to put on each card.
i rarely owe anyone money these days as with Apple Pay I never have to borrow any as i’m never caught short with no means to pay, I always have my phone with me or my watch.
are there any other benefits by paying via such apps? Maybe like a points or loyalty scheme or something? Something to tempt you away from other methods of paying or transferring cash?
cash is crap though. you have to find a cashpoint, take it out of a cashpoint, hopefully take the right amount, get your change etc.
telling them how much to put on each card is also a bit of a ball ache. 8 of you eating out for example. half the evening spent paying.
Swish is great , just wondering when the UK will kill off cash
How is 1 person paying with 4 people having to make a Swish transfer more convenient than having 5 people pay an equal amount on a card to the restaurant? Both involve 5 transactions
Its a great idea.. ApplePay will take over though considering the amount of folks using it.. But the tech is there, just the FCA PSD2 regulations have to catch up..
have you used swish ebygomn? it takes 10 seconds to swish money to someone else. its so so easy and secure.
is apple pay the same then? do you need to have an apple phone?
UK banks offer an innovative and useful service? Surely you jest!!
The NatWest app on my phone lets me transfer money to my contacts using their phone number, which sounds similar to what the OP describes without involving s third party app.
The NatWest app also lets me get cash out of a cash machine without needing my card, which is also pretty useful.
And it supports Apple Pay too.
its so so easy and secure.
These sorts of statements always ring alarm bells with me
How is 1 person paying with 4 people having to make a Swish transfer more convenient than having 5 people pay an equal amount on a card to the restaurant? Both involve 5 transactions
No split bills...maybe not as common in the UK but it is elsewhere, also one person can pay and deal with it in the pub later.
Its a great idea.. ApplePay will take over though considering the amount of folks using it.. But the tech is there, just the FCA PSD2 regulations have to catch up..
Does it come platform independent or is it excluding 50% of the market?
@scaled why? Cash and card is faultless right? Would you rather it was less easy and secure?
Swish is bloody brilliant here in Sweden, everyone has it, honestly haven't used cash to buy anything for more than 2 years now. Swish is an instant, free and secure way to pay for things, both in shops and private.
Main effect of PDS2 is
PISPs are players that can initiate payment transactions. This is a radical change in this industry, as currently there are not many payment options that can take money from one’s account and send them elsewhere. Currently we only have (SEPA) Credit Transfers and debit cards, which are both offered only by the account holder’s own bank. In the future we will probably see several different payment options that can move money from the account, without the need of using a wallet (eg: Paypal)
Currently reciprocal agreements are in place for those services that choose to adopt, the new regulation opens up service to all..
Do you not have contactless cards in Sweden?
Paypal. You can send money instantly with an email address or phone number from your phone.
Swish is an instant, free and secure way to pay for things, both in shops and private.
Define secure? Im not criticising swish, or any of its competitors (one of the challenges in the P2P payment market is both parties need to join the same service, but there are multiple options). However any payment system is usually only as secure as the weak human operating it. The smarter the tech appears to be the less that person is likely to understand any vulnerabilities.
Receive bill, chuck notes to cover. Simple. Ensures staff can get the tip.
It's not like you can do without cash as you still need it for illicit drugs and prostitutes.
We have Paym over here that lots of banks support - you can pay someone with their mobile number.
Most of the time though, friends that I pay money to I've usually got their bank details saved in my current account so it's only a few seconds to log in and pay on my phone via an old fashioned bank transfer.
It’s not like you can do without cash as you still need it for illicit drugs and prostitutes.
I reckon I've not had more than 20 quid in my wallet for the last month, most of the time less than a fiver in change. Not much I can't pay for with a card/phone/preloaded travel card.Stuff like this makes it really easy to send/swap cash etc. great idea but you all need to be on the same platform to make it work normally - where propriety stuff fails and bank details work
i guess you all live in metropolitan areas.
was over on the west coast late last year and cash is still king.
heading to the outer hebrides in a couple of weeks and fully expect the same thing.
like wise if i head left to the city great(usually under duress) everywhere takes card..... if i head right to Braemar and try to pay with my card for a fish supper it wont work - likewise the queue for those of you paying with card for your lift pass at glenshee is scary - it looks like they have a single card machine and a connection AKIN to dial up for approvals - where as was many cash taking windows which mean that by arriving with cash i am on the slopes PDQ .
https://www.ski-glenshee.co.uk/Buy_Ski_Tickets Just buy it before you get there?
Yes in placed where we don't know each other by name cards work really really well, contactless has sped things up a lot, be good if they upped it to £50 really.
Stuff like this
Makes a big difference too, meaning you need less infrastructure to accept cards and you can avoid massive queues for cash machines at events like festivals for everyone to then hand the cash to the merchants.
that doesnt buy you a ticket . buys you a receipt that can be exchanged for a ticket by standing in the queue.
enjoy paying full price though - very rare that its all open that you have to pay full price when you pay cash at the window.
also didnt help me get a fish supper.
OK I will bear that in mind if I venture up there, I do try and take cash when I go somewhere foreign and a phrase book 😉
@trailrat but cash is worse no if living in the sticks? need a bank, change, cashpoint etc. swish you need a mobile phone with signal. nothing else.
only if your not ever near a bank.
Not that I'm suggesting a pure cash culture is a good thing - i work in a country where its cash only and its actually an utter pain in the arse. - but like mike says regardless of what systems you have - cash in the wallet is always a good idea.
like a member of my family helps out at the park n ride bus depot near Edinburgh and the uproar when sometimes the card machine or the internet signal goes down and people have no cash to pay for their bus tickets ....
as for being in the sticks and cash - i get round that by holding some folding next to the family jewels in the safe at all times. the farmer doesnt take cards 😉 theres also nothing quite like being that guy whos waiting at the airport taxi rank for a taxi that accepts cards - while they are getting more common place in town - out at the airport you often have to wait for one - and even longer for one with a card machine that works.
"swish you need a mobile phone with signal. nothing else."
signal can be a challenge at times , i assume it needs to be charged as well - sometimes a challenge. - and the other person to also be on swish ?
I guess what I'm saying is that Sweden is virtually cashless. There are a lot of areas that aren't metropolitan at all , they have the infrastructure fir cashless and i guess with modern tech its easier than the infrastructure required for cash. of course its all a government thing to control tax coke and hookers and the black market mind.
I reckon I’ve not had more than 20 quid in my wallet for the last month, most of the time less than a fiver in change.
I actually get paid in cash, which is a pain in the arse as it means I have to make a special trip to the bank to fill up my drunken internet shopping account.
Almost all of my spending is wining, dining and taxis though, so cash is still king. Every pub/restaurant I have worked in has had their card machine go down at one point.
I carry very little cash these days as contacless and Apple Pay is available in pretty much every shop.
I had a card machine go off in Yo Sushi! Lovely free meal that day.
It is handy that the limits for NFC pay are rising; means I can give my customers their *coke & **hookers cashback in one transaction rather than several.
*Not for consumption within the premises.
**Definitely not for consumption within the premises.
It’s not like you can do without cash as you still need it for illicit drugs and prostitutes
When my mates purse was stolen they used her credit card in a brothel and that was many many years ago....
seriously though I don't use cash for much but it really isn't that hard to carry some around with you... mind you when it rain here or there is a lightning storm pretty much all the card machines stop working so once a quarter I need to pay for food or shopping with cash...
Anybody else open this expecting a discussion of curtain tracks ? Just me? Maybe I've finally cracked.. Don't worry, I'll pull myself together
Most bank apps let you pay people via their telephone number.. is it not the same thing?
I’m in the don’t use cash camp. Pretty much card for everything. Cash just seems outdated and pointless to me.
Paym and Pingit. Or just go instant bank transfers via your favourite bank app and their account number. Most people I know are happier with that.
Interesting out in Canada recently and things have changed from the luddite years of still signing card receipts, to everything is contactless and if you're a group they are happy to just do a bill for each person. Most places I went to asked immediately if we want separate bills, and they'd been keeping track of who's bought what, even in the bars. Dead simple.
Ski pass stuff out there, bill direct to card each day used with offers of free days. No queuing at lift ticket each day.
Even surprised in France I've managed a week without once having to take out cash and barely dipping into the small amount of cash I had. Though their contactless terminals seemed a bit fussy with Google Pay. Worked but each time it insisted I use my phone pin, rather than just having to wake it up as I usually do.
Again ski pass in France - online order, scan barcode on phone at ticket machine, RFID pass for the week. Job done.
Cash can die (oh, and in Canada, they've got rid of the 1 cent coin now).
Why do you have to pay your friends instantly?
Don't get cash out for months on end now, everywhere (in the SW) takes cardless, inc mobile sandwich vans which turn up at our business park. Just pay restaurant bills by card splitting it between x cards evenly.
I guess what I’m saying is that Sweden is virtually cashless. There are a lot of areas that aren’t metropolitan at all , they have the infrastructure fir cashless and i guess with modern tech its easier than the infrastructure required for cash.
Except if Swish adoption is only 50% (as seems to be the case) then presumably there are still roughly 1/2 the people paying by cash?
I was in China recently and their equivalent (AliPay and WeeChat payments) are so popular that when I bought a coffee at 0930 from a cafe which is probably open from 0630 if not before I was the first person to pay with cash and they had to go and find the keys for the till. One of the issues with fragmented approaches to payment is it is harder for visitors/travellers, another issue is that if your phone is lost/stolen you are left without anything.
Most bank apps let you pay people via their telephone number.. is it not the same thing?
It is similar, but certainly with my bank that only works if the other party has a compatible banking app installed on their phone.
theres also nothing quite like being that guy whos waiting at the airport taxi rank for a taxi that accepts cards – while they are getting more common place in town – out at the airport you often have to wait for one – and even longer for one with a card machine that works.
Thats kind of the point of the Swish style apps. The recipient can accept payments without needing an extra bit of kit and a subscription. Its ideal for Taxi drivers. Assuming of course Uber or the taxi apps don't negate the need (its a long time since I paid cash for a taxi anywhere in the world).
was over on the west coast late last year and cash is still king.
heading to the outer hebrides in a couple of weeks and fully expect the same thing.
like wise if i head left to the city great(usually under duress) everywhere takes card….. if i head right to Braemar and try to pay with my card for a fish supper it wont work
Given the trend towards closing local branches and infrequent banking van visits it seems like finding affordable methods of payment in remote areas should be a priority. Of course some areas compound their poor bank access with poor mobile signals and broadband, but those problems can be overcome, probably far easier than the local bank being closed. If you go to some of the villages on the NC500 route you'll find problems on busy weekends when tourists exhaust the cash machine, which then leaves even the locals unable to pay.
dunno Poly, not that bothered really 🙂 I wouldn't presume anything, I'm not an expert. 1% of the value of payments in Sweden are with cash apparently, 20% in stores. I think that's what I read but could be wrong of course.