News Disney to pilot electronic-only transactions at its resort hotels

[wdwmagic]

http://www.wdwmagic.com/resorts/dis...ic-only-transactions-at-its-resort-hotels.htm

 

[Sirwalterraleigh]

...im
Surprised it's taken this long...to be honest

 

[awilliams4]

Assuming this rolls out to most all of WDW in the future, guess my hundreds of Disney Dollars I have been hoarding will be no fun anymore.

 

[jaklgreen]

Well, my dad would be out of luck. He has no form of credit card or debit card. Cash is king with him. Stupid, I know. Good news is he is way too cheap to go to WDW. LOL Spent my whole youth trying to get him to take us. I am sure he is not the only one who chooses to use cash.

 

[seascape]

I think we should go to a cashless society. I am sick and tired of going to restaurants that offer no sales tax if you pay cash. Too many cash based businesses avoid paying their true taxes and thus are subsidized by the rest of us. Everyone, every one of us and every business should pay their actual taxes.

 

[Sirwalterraleigh]

I think we should go to a cashless society. I am sick and tired of going to restaurants that offer no sales tax if you pay cash. Too many cash based businesses avoid paying their true taxes and thus are subsidized by the rest of us. Everyone, every one of us and every business should pay their actual taxes.

Lol...where in the hell does that still happen?

...I thought this was the 21st century?

 

[wdwmagic]

This is another way to exclude those who do not have every inch of their life linked to some technological advice.

But realistically, few could even get to a Disney resort nowadays without some form of electronic payment along the way.

 

[Lirael]

This might be an issue for international guests. It's common (at least in my country) to buy cash dollars when the exchange is rate is decent and to use cash rather than a credit card to pay better tax on the money exchange rate (also because this way you control the exchange rate you're paying, which you can;t do with a credit card), as international credit cards tend to input a steeper tax on dollar purchases

 

[jaklgreen]

I think we should go to a cashless society. I am sick and tired of going to restaurants that offer no sales tax if you pay cash. Too many cash based businesses avoid paying their true taxes and thus are subsidized by the rest of us. Everyone, every one of us and every business should pay their actual taxes.

IDK where you live but I have never seen any place in my city that does that. The city would be on them like flies on poop.

 

[DznyGrlSD]

I brought cash with me to Disney over New Years and didn't use it at all. I'm ok with this.

 

[Nick Pappagiorgio]

I've always wondered when this would happen. I don't have any hard data, but I've long wondered if the transaction fees were a wash after you account for paying someone to set up the cash drawer, count the drawer, as well as shrinkage.

 

[NeedMoreMickey]

Lol...where in the hell does that still happen?

...I thought this was the 21st century?

Some small service business like repair for car or home appliance will gladly take cash instead of credit card. Often you can get a discount if you pay with cash.

 

[Chicagoshannon2]

The article said you can use cash to add to your room charging. So basically just go to the front desk and hand over cash to use your magic band everywhere. And you can still tip in cash. LOL

 

[Sirwalterraleigh]

Some small service business like repair for car or home appliance will gladly take cash instead of credit card. Often you can get a discount if you pay with cash.

Contractors? Repair shops? Sure...they've been doing under the table since the beginning of time.

But restaurants?

 

[Nubs70]

I think we should go to a cashless society. I am sick and tired of going to restaurants that offer no sales tax if you pay cash. Too many cash based businesses avoid paying their true taxes and thus are subsidized by the rest of us. Everyone, every one of us and every business should pay their actual taxes.

How are the restaurants not paying taxes??

They are still paying taxes with cash or credit.

As a restaurant owner, if my credit card transaction rate is more than my tax rate, I would gladly pay your tax if you paid with cash.

 

[Sirwalterraleigh]

I've always wondered when this would happen. I don't have any hard data, but I've long wondered if the transaction fees were a wash after you account for paying someone to set up the cash drawer, count the drawer, as well as shrinkage.

They are...also disney has a huge axe to swing at the credit card companies...

Like amazon does against them and shipping services.

 

[Nick Pappagiorgio]

This might be an issue for international guests. It's common (at least in my country) to buy cash dollars when the exchange is rate is decent and to use cash rather than a credit card to pay better tax on the money exchange rate (also because this way you control the exchange rate you're paying, which you can;t do with a credit card), as international credit cards tend to input a steeper tax on dollar purchases

. Seems easy enough to solve with a prepaid credit card.

 

[Sirwalterraleigh]

How are the restaurants not paying taxes??

They are still paying taxes with cash or credit.

No...in that scenario they are cheating. Kinda a way of the past in most places...but once common.

 

[Sirwalterraleigh]

. Seems easy enough to solve with a prepaid credit card.

Disney cards...yes. But the prepaid credit type cards have been awful over their history.

 

[Lirael]

. Seems easy enough to solve with a prepaid credit card.

I usually use one, but the exchange fees are still higher than the ones on buying cash, so it's still more "expensive" than using cash, so I imagine some people spending less because of it

EDIT: also, sometimes the prepaid card doesn't work