Canada Farmer
Member
"Formerly Great Britain"Global Britain ????
"Formerly Great Britain"Global Britain ????
"Formerly Great Britain"
It works for me and millions of others .And yet we are all told of the world class financial system that the UK has to offer us under a free trade deal? .....
Do parking metres not take cheques???
Why do you need a bank in town? If everything is card payment or online there is no need.
App for them here apparently
Locations donāt show on the mobile app unless you actually click on the persons profile.Apologies, although as my location is shown I didnāt see it as necessary to put it on every post. In your drive for Global Britain it may be useful to understand how the rest of the world operates, cheques are not used here In New Zealand and banks no longer accept them, I havenāt used one for around 10 years, too much hassle and easier to pay on line or via card, the payment is simple and if payment is via same bank is shown as cleared straight away, payments between different banks may take a couple of hours.
As explained if accessing the forum from a mobile you canāt see people locations so it was presumed the comments were from a U.K. based person and the fact the statement was so wide of the current mark in the U.K. is what created the confusion.Eh, while the forum might be UK based and has participants from around the world it could be said that location in this interweb world is irrelevant.
I would suspect that the global inputs from a diverse individuals to show people in the UK hows things are done globally highlight the differences is a an integral part of why this forum is so successful.
Does it really matter with ones opinion that they are from Milton Keynes , Dildo, Crotch Lake or Big Beaver!!!
I've just had a read up on Eftpos transactions in NZ & according to both the primary processors settlement is usually end of trade/overnight and can be affected by weekends etc, so is not an instant transaction into the bank account of the merchant. A few years back the law was changed here such that businesses couldn't pass on the higher fees that credit card transactions attract, so many just refuse credit cards altogether.We use one card with the option at the checkout to either have this paid via a Credit Card or direct from the bank, Credit Card payments attract a fee so retailers do not like them, many retailers either pass the charge on to the customer or simply refuse to take Credit Cards, bank card is just a glorified cheque book, payments go into the bank same day, if payment is the same bank then it shows immediately and is available funds, down side is that if you are paying online and make a stuff up the money hand gone from your account and you have to get it back which is why I tend to set up monthly payments before they are due, I can then edit them in the event of a stuff up.
As previously mentioned NZ is used by some of the banks for their trail work, 1. because we are a small economy and 2. because Kiwis are not averse to technology so will try it out.
How can anyone get confused over what Stewart said or wrote???As explained if accessing the forum from a mobile you canāt see people locations so it was presumed the comments were from a U.K. based person and the fact the statement was so wide of the current mark in the U.K. is what created the confusion.
The reality is that EFTPOS transactions when both the buyer and seller have the same bank are instant, well mine are anyway, the funds are immediately available, I have been online when being paid and see the funds straight away, if buyer and seller are using different banks then it may take a couple of hours. Retailers do not like Credit Cards due to the charges, many of them pass these on or simply refuse to take Credit Cards.I've just had a read up on Eftpos transactions in NZ & according to both the primary processors settlement is usually end of trade/overnight and can be affected by weekends etc, so is not an instant transaction into the bank account of the merchant. A few years back the law was changed here such that businesses couldn't pass on the higher fees that credit card transactions attract, so many just refuse credit cards altogether.
You should have called in! Were you allowed out of Auckland?How can anyone get confused over what Stewart said or wrote???
As for location I was just on the other side of Tauranga yesterday......
Is the transaction action fee just for a Credit Card or is it also applied to direct payments?Ā£29 to buy the terminal, 1.69% transaction fee, no monthly.
SumUp - card payments without the contract
Accept card payments with SumUp, no matter your business.sumup.co.uk
You cannot say that you will be accused of bring anti British. Let the poor possums keep thinking they have a world beating banking system!The UK was 20 years behind 30 years ago!!!
Them is fighting words!!!!You should have called in! Were you allowed out of Auckland?
End of the month chances that Twit Trudeau & Freeload will be gone!!!You need a better Government.
We haven't managed it yet either
āDirectā payments donāt make use of any terminal, but would be done as a send from buyer - probably by app or website login.Is the transaction action fee just for a Credit Card or is it also applied to direct payments?
Then lets use the UK information as stated by Cheque and Credit Clearing Company and not some persons personal experience:I've just had a read up on Eftpos transactions in NZ & according to both the primary processors settlement is usually end of trade/overnight and can be affected by weekends etc, so is not an instant transaction into the bank account of the merchant. A few years back the law was changed here such that businesses couldn't pass on the higher fees that credit card transactions attract, so many just refuse credit cards altogether.
What are the clearing timescales with cheque imaging?
Typically, if a customer pays in a cheque on a weekday (before their bank or building societyās advertised cut-off time) they will be able to withdraw the funds by 23.59 on the next weekday (bank holidays excluded and provided the cheque doesnāt bounce). However, 23:59 will be the latest timescale that banks and building societies will be working to and some may allow their customers to access their funds earlier than this.
The advertised cut-off time will vary from bank to bank and building society to building society and according to how the cheque is paid in - for example: over the counter, by post, through an ATM or by mobile banking app or desktop scanner linked to online banking.
Customers need to talk to their bank or building society for more details.
If a customer pays in a cheque in at a Post Office, the above timescale will increase by at least one additional day. This is because the Post Office has to send the cheque to the customerās bank. Once received by the customerās bank the cheque will then be processed in line with the image-based cheque clearing timescales.
How can anyone get confused over what Stewart said or wrote???
As for location I was just on the other side of Tauranga yesterday......