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What an utterly bizarre thread!
Boiling this down the dislike of contactless cards comes down to it being to easy to spend money. That has nothing to do with contactless and everything to do with the individual and lack of self-control.
I pretty much exclusively use contactless. It!!!8217;s far more secure on your phone with a keypad lock than carrying around a card that can get skimmed. Also do I (or anyone else) want loose change rattling around in the pocket of an expensive suit?
Originally posted by Mr_Singleton
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Bizarre is probably not the word I'd use but the way the thread has developed I agree it's not really just about contactless.
It could equally have been posted years ago about using credit cards or debit cards or cheques or having something 'on tick' at the corner shop.
What all these things have in common is that for some people unless they're physically handling tangible money then they can't trust themselves not to overspend. Some people are even worse than that and will deliberately go out without a purse/card as if they've no money with them then they can't spend it.
I'm not knocking them as they're all good mse techniques. If people didn't need them then we wouldn't have boards full of debt diaries.
I do have some concerns about security but if you keep most of your money in savings accounts then it limits the risk.