Neyland Stadium now cashless venue?

#127
#127
YankeeVol said:
lol, ok
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Yes, has happened recently with me and members of my family. I agree some companies do make same day adjustments, but some do not.

A couple of examples - and maybe you don't use these :)

I submit an order to say Walmart - that comes off my card immediately and they add extra to cover any adjustments they may make as they shop for me. If I cancel it takes a couple of days for that authorized amount to be available for me. Even if I proceed with the order, the "extra" they added to cover adjustments does not cycle back to me for a couple of days.

Similar with Doordash - if they mess up your order and you request an adjustment - you can get an adjustment back as Doordash immediately for use, but if you want them to put it back on your card - they tell you it will take 2 to 3 days because they don't really know how fast the card you used will clear the authorization.
 
#128
#128
Brave Volunteer said:
Not saying I don't belive you volfan, but I cannot recall a single instant where I found that to be the case. Can you give an example?
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Krystal and Arbys did that at one point in time, I think Arby's has stopped it but pretty sure the local Krystal may still be doing that. I also bought some flooring at a local hardware store - if I paid with a debit or credit card they were going to add 3% to cover the transactional charge they would incur. That one surprised me as I did not have that much cash - thankfully my brother was with me and carries cash. He paid and I went to the ATM and paid him back. I think there is also a smaller tire store here that will give you a better deal if you pay with cash or check.

Larger chains, like Walmart, Ace, Lowes, etc. are not going to do that - but some smaller mom / pop local type stores may decide to pass the network costs along to the customer - especially if traditionally folks pay in cash or check to them.
 
#129
#129
adam.vol said:
Gas stations will do this. Not all of them, but sometimes you’ll notice there is a changing price on the sign or even a “cash” under the advertised price. The difference is usually around $.10 per gallon.
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Yes, I forgot about the gas stations. You pay one price for cash, one price if you use their "credit card" and one price for all other forms of payment. Typically using their credit card is at least equal to the cash price though you may also get an additional discount - which they promptly make up with interest costs unless you pay what you owe on the card every month.

Cashless is not free at all. The technology has costs associated with it. And most are passing the cost of using the network along to customers in a slightly higher cost. Those who do not give a discount for cash have more than likely increased the cost for their goods and services across the board so that both cash and cashless customers pay that fee. Those that do give discounts are passing along the cost to those that choose to use their cards.

The question is will the cost of food, beer, etc. at Neyland slightly increase next year to cover what is needed to support the cashless experience?

They could very well be making the change so they can make adjustments to cover the fees they will be paying for cashless venues since probably most are using cards.
 
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#130
#130
volfan102455 said:
Yes, I forgot about the gas stations. You pay one price for cash, one price if you use their "credit card" and one price for all other forms of payment. Typically using their credit card is at least equal to the cash price though you may also get an additional discount - which they promptly make up with interest costs unless you pay what you owe on the card every month.

Cashless is not free at all. The technology has costs associated with it. And most are passing the cost of using the network along to customers in a slightly higher cost. Those who do not give a discount for cash have more than likely increased the cost for their goods and services across the board so that both cash and cashless customers pay that fee. Those that do give discounts are passing along the cost to those that choose to use their cards.

The question is will the cost of food, beer, etc. at Neyland slightly increase next year to cover what is needed to support the cashless experience?

They could very well be making the change so they can make adjustments to cover the fees they will be paying for cashless venues since probably most are using cards.
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It's not like Neyland is "suddenly" going cashless. I'd bet the number of people using cash vs card in recent years has declined sharply.

It's not like they're going to need all new register systems or equipment. It's already there, so I can't imagine they'll need much except to disable the cash button.

That's not to say prices won't increase, they probably will but it won't be because the vendors needed to change things.
 
#132
#132
Tin Man said:
The argument, legal tender has precedent and merit.

However, the freedom to operate a legal enterprise as one sees fit and allow the public to embrace it or not cannot be overlooked.
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Yep read the dollar bill. "This note is legal tender for all debts Public & Private." More "progress" means more control. As long as you have money in your hand, they can't dictate what when where you purchase. The Elites of the world want that power. Road to conformity.
 
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#133
#133
whobethis16 said:
Except it's not what federal law says. Some states/cities have made it law, but it's not at the federal level.

www.federalreserve.gov

Is it legal for a business in the United States to refuse cash as a form of payment?

The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
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That’s the current administration’s interpretation of the law, which isn’t significantly different than the last administration’s interpretation the law, but is very different than the interpretation was 10 years ago.

The law says that United States currency is good for all debts, public and private. In fact, that exactly is printed on the currency itself. Under pressure from credit card companies, they have changed the interpretation to say that because cards are backed by US currency that it’s the same thing. It’s not. And I wish we had lawmakers on either side of the aisle that had enough backbone to stand up to the corporate greed of credit card companies. But we don’t, and we probably never will. The entire society will be mostly cashless in five years and that’s a scary thing for anyone with a fully functioning brain.
 
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#134
#134
I wonder if anyone on the Knoxville city council understands how much money would stay in Knoxville if use of cash could be encouraged at UT athletic events?

Or more to the point... how much transactioned money is daily "being loaded into trucks and delivered to other cities" via electronic transfer.
 
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#135
#135
BruisedOrange said:
I wonder if anyone on the Knoxville city council understands how much money would stay in Knoxville if use of cash could be encouraged at UT athletic events?

Or more to the point... how much transactioned money is daily "being loaded into trucks and delivered to other cities" via electronic transfer.
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Uh, Aramark is based in Philadelphia, PA so concessions money is leaving town anyway.
 
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#136
#136
OmahaOmaha said:
Yep read the dollar bill. "This note is legal tender for all debts Public & Private." More "progress" means more control. As long as you have money in your hand, they can't dictate what when where you purchase. The Elites of the world want that power. Road to conformity.
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They’re going to get us one Petros at a time.
 
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#138
#138
SayUWantAreVOLution said:
It's not like Neyland is "suddenly" going cashless. I'd bet the number of people using cash vs card in recent years has declined sharply.

It's not like they're going to need all new register systems or equipment. It's already there, so I can't imagine they'll need much except to disable the cash button.

That's not to say prices won't increase, they probably will but it won't be because the vendors needed to change things.
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I hope they are ready - I really do. At one game last year there were a few places where the machine was down, and they could only take cash for a while.

I suspect they will keep the cash button just in case.
 
#140
#140
Seems appropriate since most fans are “cashless” by the time they leave!

Just kidding Danny…appreciate everything you’ve done for UT sports!
 
#141
#141
volfan102455 said:
I hope they are ready - I really do. At one game last year there were a few places where the machine was down, and they could only take cash for a while.

I suspect they will keep the cash button just in case.
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Maybe at first but taking cash means having drawers and change available which need to be counted and stored. That is probably one of the main issues they're hoping to avoid by going cashless.

No more counting down a drawer, securing the money, having a deposit, buying change, etc.

They may keep drawers but that defeats the best advantages of cashless transactions.
 
#142
#142
volfan102455 said:
Yes, has happened recently with me and members of my family. I agree some companies do make same day adjustments, but some do not.

A couple of examples - and maybe you don't use these :)

I submit an order to say Walmart - that comes off my card immediately and they add extra to cover any adjustments they may make as they shop for me. If I cancel it takes a couple of days for that authorized amount to be available for me. Even if I proceed with the order, the "extra" they added to cover adjustments does not cycle back to me for a couple of days.

Similar with Doordash - if they mess up your order and you request an adjustment - you can get an adjustment back as Doordash immediately for use, but if you want them to put it back on your card - they tell you it will take 2 to 3 days because they don't really know how fast the card you used will clear the authorization.
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It’s up to the card issuing bank as to when the adjustment posts back on your card.
 
#143
#143
whobethis16 said:
Society also doesn't know how to hook up a horse to carriage, or drive a carriage. Things change.
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today’s society doesn’t know how to start a lawnmower. gender reveals are useless in todays world. george will become georgia in bout 16 years!!!! do you know a dang thing bout hooking up a horse!! I SURE DO !!! btw. a carriage??? we call em a buggy or wagon in TN
 
#147
#147
Voltopia said:
Of course I realize that. But I feel you missed my point.

In a society with cash, or gold, or bartering, or whatever we want to use, you can conduct a transaction with someone else, and no one else needs be involved involved. It's between the buyer and the seller. Two people, freely interacting. (and yes I know there's taxes and receipts and all that, but the point is, that's all voluntary, it happens with participation - even if that participation is compelled)

In a cashless society, some third party is involved, and that third party can be under the control of other parties. They can allow your transaction. They can deny it. They can report it. They can store it forever and know what you gave to someone else. The third party can use the ability to exchange money as system of compliance, and insure that any participation - any - in that society would be tracked, logged, and controlled, and again, with a minimum of effort.

Hence my tone on "cashless socities." That "convenience" comes at a cost. A very real cost.
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Winner winner winner chicken ****ing dinner
 
#149
#149
K87vol said:
I get it, but drove to post office today to get five books of stamps... the whole system went down, she could only accept cash.... so it was convenient for me to have a cash option. It's just minimizes risk seems like, I like that.
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Wait, you still buy stamps at the po?
 
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