[Tagging] Cash_withdrawal draft

Philip Barnes phil at trigpoint.me.uk
Thu Aug 22 15:29:35 UTC 2019

On Thursday, 22 August 2019, Paul Allen wrote:
> On Thu, 22 Aug 2019 at 13:09, Philip Barnes <phil at trigpoint.me.uk> wrote:
> > In British English the term used is Cashback.
> >
> I can confirm that.  I'm not sure, but I think it's only possible to get
> cashback if you make
> a purchase.  But that could just be a policy of some stores, or I could be
> completely wrong
> (I've never tried to get cashback without making a purchase).
> Its never been something I have thought of tagging, just an option we
> > assume to be available at supermarkets.
> >
> And convenience stores, such as Spar (my local Spar doesn't charge for
> cashback but I'm
> told other shops in the franchise do).
> I don't think it would be sensible to tag nodes with the intention of
> having them rendered
> in some way, as in a large supermarket it would mean mapping every till.
> Even my local
> Spar has three tills, and it's not a big shop.  Probably best as a property
> on the shop
> itself.
> Incidentally, I recall reading somewhere I cannot remember (and can
> definitely not vouch
> for the accuracy of the info) that cashback arose because banks charge a
> fee on large(?)
> shops depositing their takings, and that fee is a percentage of the size of
> the deposit.
> Various EPOS vendors decided they could give shops a cashback facility and
> charge
> a lower percentage of the transaction than the shop would pay a bank to
> deposit it.  If
> this is all true, the shops aren't doing you a favour, they're doing
> themselves a favour
> by giving you an incentive to use them, doing themselves a favour by
> reducing the
> fee they pay the bank, and triple-dipping if they charge you for cashback.
Avoiding charges for banking cash is my understanding of the reason for shops offing this service too.

Phil (trigpoint)

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