Yearning for the return of proper debit cards

Shakin_Steve

Section62 said:

moneyaspie2024 said:

Uriziel said:

More and more people are paying with their phones and printing those embossed cards cost quite a bit of money for the bank. I don't think this is coming back.

I’m sure with 40% overdraft charges they make more than enough to bridge the gap. 

Also phones cannot be used at pay at pump only forecourts, they don’t accept contactless payments. 

I think Adsa are rolling out contactless.... but instruct you not to use* your phone on the forecourt. (*other retailers, including Sainsbury's, specify that 'use' is for anything, not just making calls.  Not sure Asda fully define 'use')

I use my mobile to pay contactless at Asda every time. Never seen a warning not to. 

moneyaspie2024

Section62 said:

I think Adsa are rolling out contactless.... but instruct you not to use* your phone on the forecourt. (*other retailers, including Sainsbury's, specify that 'use' is for anything, not just making calls.  Not sure Asda fully define 'use')

They have only just gotten round the new visa and Mastercard rules where a pre auth of £100 needs to be taken, some older pumps still have a £1 pre auth as they haven’t been updated. 

Contactless at pay at pump is a long way off. 

sausage_time

Shakin_Steve said:

With the embossed cards, the retailer had to ring up and get an authorisation code if the transaction was over a certain amount. Was it £50?

My first cheque guarantee card was for £30.  Don't think I ever hit that in Safeway back then for my weekly shopping.

moneyaspie2024

Shakin_Steve 

I use my mobile to pay contactless at Asda every time. Never seen a warning not to.

You can pay contactless in the forecourt shop, if using the pay at pump however you cannot. 

sausage_time

moneyaspie2024 said:

Shakin_Steve 

I use my mobile to pay contactless at Asda every time. Never seen a warning not to.

You can pay contactless in the forecourt shop, if using the pay at pump however you cannot. 

My local Asda takes contactless at the pumps and I use my phone there to pay.  No explosions so far.

moneyaspie2024

sausage_time said:

Shakin_Steve said:

With the embossed cards, the retailer had to ring up and get an authorisation code if the transaction was over a certain amount. Was it £50?

My first cheque guarantee card was for £30.  Don't think I ever hit that in Safeway back then for my weekly shopping.

From my understanding the minimum amount was £50, the most commonplace cheque guarantee card issued however was for £100, and then there was also £250 which usually only came with premium debit cards such as Barclays Premier. 

Hattie627

moneyaspie2024 said:

sausage_time said:

Shakin_Steve said:

With the embossed cards, the retailer had to ring up and get an authorisation code if the transaction was over a certain amount. Was it £50?

My first cheque guarantee card was for £30.  Don't think I ever hit that in Safeway back then for my weekly shopping.

From my understanding the minimum amount was £50, the most commonplace cheque guarantee card issued however was for £100, and then there was also £250 which usually only came with premium debit cards such as Barclays Premier. 

I got my first cheque guarantee card (for writing cheques only) in 1975 (age 18) and I'm pretty sure the limit was £30. You got a separate card to use cash machines but I think that was a few years later. The combined card came later.

Rob5342

moneyaspie2024 said:

Uriziel said:

More and more people are paying with their phones and printing those embossed cards cost quite a bit of money for the bank. I don't think this is coming back.

I’m sure with 40% overdraft charges they make more than enough to bridge the gap. 

Also phones cannot be used at pay at pump only forecourts, they don’t accept contactless payments. 

They can be at Asda, I've used my phone and watch at the pay at pump only forecourt loads of times. 

Maegi

Shakin_Steve said:

With the embossed cards, the retailer had to ring up and get an authorisation code if the transaction was over a certain amount. Was it £50?

It is called a floor limit and is varied by retailer based upon risk. Even now, if card merchant connections go down, the retailer systems can still process chip & pin transactions below it if the card doesn't require positive online authorisation.

Rob5342

[Deleted User] said:

I really think cards themselves may be on the way out. What with the payment limit potentially being removed. Within 5/10 years you may have to request a card, else load it on your phone only. I don't think we are quite there yet but it is very possible. 

With PayPal credit you can have a card you add to Apple pay or Google Wallet without needing a physical card but you can request one if you want one. 

The old fashioned banks are probably a long way off that but I can see the modern banks like Monzo making physical cards optional, you can already add them to your phones wallet directly from the app. 

Cash is the only problem I suppose as for some reason cash machines don't accept contactless payments.