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#paymentsystems

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"Part of this is due to a unique Swedish law that prioritises “freedom of contract” above any legal requirement to accept cash. In other words, it is up to businesses – including banks – whether they take cash."

#MoaPetersén, #LenaHalldenius, 2024

theconversation.com/sweden-is-

We seem to have a similar principle in law here. I've had cash payments refused by both Auckland Transport buses and a Nando's restaurant up there.

The ConversationSweden is a nearly cashless society – here’s how it affects people who are left out
More from The Conversation UK

An unknown (to me) bit of #Internet /. #PayPal Mafia history. Who else knew this fact?

“A fourth member of the mafia, #RoelofBotha, the grandson of the apartheid regime’s last foreign minister, Pik #Botha, and former PayPal CFO, has kept a lower political profile but remains close to Musk.”

#SA / #SouthAfrica / #Finance / #PaymentSystems <theguardian.com/technology/202>

The Guardian · How the roots of the ‘PayPal mafia’ extend to apartheid South AfricaBy Chris McGreal

"Tourists to Japan from Singapore and seven other Asian countries will soon find it easier to pay for their purchases using their local QR code wallets under a new joint payment scheme.
[...]
The countries are Singapore (SGQR), Malaysia (DuitNow QR), Indonesia (QRIS), the Philippines (QRPh), Thailand (Thai QR Payment), Cambodia (KHQR), Vietnam (VietQR) and India (BharatQR)."

straitstimes.com/asia/east-asi

The Straits Times · S’pore visitors to Japan could use QR payment such as GrabPay or PayNow by 2025Tourists to Japan from Asian countries including Singapore will soon find it easier to pay using their local QR code wallets. Read more at straitstimes.com.

#SYDNEY, Nov 8 (Reuters) - Millions of #Australians were left without a phone or #internet connection on Wednesday after the country's second-largest #telecommunications provider experienced an unexplained #NationwideOutage.

The outage crippled #PaymentSystems and #OnlineOperations and led to morning peak-hour chaos as #TrainNetworks and #RideShare services were down briefly in some cities. #Australia

Optus network outage affects millions of Australians | Reuters
reuters.com/technology/austral

Reuters · Optus outage causes chaos in Australia before services restoredBy Renju Jose

After our meal at a restaurant recently, the server brought the bill with a QR code on it, and said, “Are you comfortable paying with your phone?” I said, “Yes, that’s no problem.” He smiled and left. I scanned the QR code, entered my credit card information, and my wife and I stood up to leave. I looked for our server. I was going to wave and silently mouth the words “Thank you,” but he was nowhere in sight.

As we passed the hostess desk, I stopped and spoke to the young lady. I said, “I have a question for you.”

She said, “Yes?”

“I promise you, I paid my bill, but I have to wonder – how do you actually KNOW that I paid my bill?”

She looked around. Then she faced me, smiled, shook her head, and said conspiratorially, “I have absolutely no clue whether you paid or not.”

I appreciate the convenience of this payment system, because I can pay immediately. It means I don’t have to wait interminably for a busy server to take care of people at three other tables, take someone’s order ticket to the kitchen, process my card, and finally get around to bringing the card back to me so I can go. That’s nice. But does this system have adequate verification processes? Do the servers get some sort of notification when their table has paid?