The Anonymous Widower

Where Have All The Cash Machines Gone?

After an excellent gluten-free breakfast in Le Pain Quotidien at Monument, I thought that my wallet needed a top-up of cash.

As I wanted to catch the DLR, I walked East to Tower Gareway station.

I didn’t see a single cash machine!

It’s not that I use much cash, but I do like to pay in chain restaurants, where tips are important to staff, and for newspapers in small shops and for taxis using cash!

I know that I can use contactless payments for most of these transactions, but I prefer cash sometimes!

I don’t trust some shops having had my card details stolen by a scam in what was a franchise of a well-known chain. As I walked through the door at home an hour later, my phone rung and it was the credit card company, asking if I’d spent a lot of money in the last couple of hours in Las Vegas. They said, that someone had and they’d refused all payments and stopped the card.

So I didn’t lose a penny and I only had all the inconvenience of waiting for a new card and changing details on a few regular payments.

The shop closed a week or so later!

But I am naturally cautious and prefer not to get caught again, by a clever piece of what looks like contactless technology. Even beggars and buskers are now using it!

Hence, my continued use of cash!

I don’t particularly worry about the disappearance of cash machines, as living close to the centre of London, there are plenty about. But as on Saturday, when I walked  for a kilometre in a tourist area of the City, they are getting fewer and further apart.

Many stations now have cash machines and this surely should be the norm!

But with bank branches disappearing fast, it is all part of moving towards a cashless society!

 

May 6, 2019 - Posted by | Finance | , ,

1 Comment »

  1. And many of those remaining are now introducing charges after having been free for many years.

    Comment by Mark Townend | May 7, 2019 | Reply


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