On Thu, Jul 16, 2009 at 9:23 AM, t.piwowart...@tjpa.com wrote:
Why don't you stop using checks?
Many places of business will charge an additional fee if an ATM card
is used to electronically pay for a purchase. Credit cards, another
electronic means of payment, typically charge interest.
At 09:23 AM 7/16/2009, t.piwowar wrote:
Why don't you stop using checks?
Because I need permanent paper records of investments. Computer data is just
too volatile / fragile. Computer records are just backup, in case the paper
records are destroyed. That's not impossible, but low risk.
How
BTW, you as a customer are, in effect, charged a credit card tax on
all potentially chargeable purchases
This is true, but not the whole story. Checks aren't free either: some
percentage of them bounce, and we have to pay for that too. This isn't an issue
with credit card purchases.
When I
At sores that get a large number of checks, I think it is less now.
Most of them have gone to converting the checks into an electronic
transaction and use a huge database to approve the transaction.
Less bounced checks. (See Wal-Mart and a few others)
Stewart
At 10:43 AM 7/16/2009, you
Banks _Love_ it when their customers use debit/credit cards instead of
cash! They make so much from both parties in the transaction - two
revenue streams to tend; fees all around!
Chris, those 70's comparisons certainly didn't include charge-backs on
the cards. Most of us who still write checks
Unfortunately, the latest legislation/ proposed regulation of credit
card companies does nothing to address the problems of the fees
charged to retailers by the credit card companies, so you can expect
to pay this tax for the foreseeable future.
Incidentally, the merchants' fee [when
Chris, those 70's comparisons certainly didn't include charge-backs on
the cards.
In general, the credit card companies won't charge back without good reason
(i.e., fraud). In most cases they've already authorized the charge. If you have
an authorization, they won't charge back
unless there's
Thank you MrMike. That is precisely how it works. Defending the use
of paper checks is much like defending the buggy whip.
My bank for one will guarantee payment by a certain date if the
transaction is entered a certain number of days beforehand (number of
days varies with transaction
On Jul 16, 2009, at 12:01 PM, Rev. Stewart Marshall wrote:
Most of them have gone to converting the checks into an electronic
transaction and use a huge database to approve the transaction.
Good point. Some payees turn your paper check into an electronic
payment and destroy your check. The
On Jul 16, 2009, at 11:02 AM, Fred Holmes wrote:
I'll stop using checks when vendors start sending me bills
electronically. And I mean _send_ them to _me_. I don't mean go
to the vendor's web site and get the bill. I don't want to have to
remember when I have to go to which web site.
On Jul 16, 2009, at 10:38 AM, Fred Holmes wrote:
Because I need permanent paper records of investments. Computer
data is just too volatile / fragile. Computer records are just
backup, in case the paper records are destroyed. That's not
impossible, but low risk.
You do not need to and
I don't know which amount is larger: bounced checks or fraudulent
credit card charges (or even those who don't pay their credit card
bills). Both cost all of us money. When we subscribe to a common
thing (checks, credit cards, paper money), we also agree to be
responsible for the risks
It's true that the credit card companies and the banks provide
services to merchants and their customers, but for a price: interest
and other fees for the customers, and fees for the merchants.
But, in the form of higher prices [which merchants must charge to
cover the cost of credit card
On Jul 16, 2009, at 2:38 PM, Adil Godrej wrote:
And that is the problem with electronic cashing of checks.
Completely electronic transactions are a little better: at least it
is your bank against theirs.
Good example. The paper check was less secure and less auditable than
an EFT would
Why would we object? We might not use the restroom in the merchant's
establishment, but the cost for it is folded into the merchants cost
of doing business and thus reflected in the price. Not every minor
cost should be itemized or made a la carte.
We do have a choice, most of us
Does anyone out there know the LEGAL STATUS of computerized records
for electronic transactions? Has the law caught up with the 21st
century yet? Just asking, because I don't know.
If you get audited by the IRS, have a case in small claims court,
have a disagreement with an insurance
On Jul 16, 2009, at 10:00 AM, phartz...@gmail.com wrote:
Many places of business will charge an additional fee if an ATM card
is used to electronically pay for a purchase. Credit cards, another
electronic means of payment, typically charge interest. Many banks,
mine included, do not charge
On Jul 16, 2009, at 2:49 PM, Matthew Taylor wrote:
Why would we object? We might not use the restroom in the
merchant's establishment, but the cost for it is folded into the
merchants cost of doing business and thus reflected in the price.
Not every minor cost should be itemized or made a
Some folks object to electronic payments systems because they believe the
merchants are passing on the fees the banks and credit card companies charge
in the form of higher prices. Maybe so, but the merchants who deal in cash
also have costs relating to the safeguarding, counting, and depositing.
A word of caution:
In my column for December 2008, I wrote about the problems of
electronic payments via computer.
Remember: If you are the computer person in your household and your
significant other is not a computer person, please write down all
your userids and passwords so that they can
On Thu, Jul 16, 2009 at 3:45 PM, t.piwowart...@tjpa.com wrote:
I never pay a fee to use a credit card (except for foreign currency
transactions). The credit card does not charge me for using their card. To
the contrary I get rebates from the card company as large as 3%. I get paid
$100s every
On Thu, Jul 16, 2009 at 4:30 PM, MrMike6by9mrmike6...@gmail.com wrote:
Do people really believe that the expense of handling cash isn't passed
along in some form to the customers anyway?
Any expense a store incurs is passed on to the consumer, including
the toilet paper in the rest room.
I guess I'm surprised that Libertarians and their friends don't
object to this; they're paying for something they're not getting, and
they have no choice in the matter.
You always have a choice. It just may not the one you want.
My retailer discount cards are in fake names. They can
maintain databases on the spending habits of these made up individuals
all they want to. At least I'm helping to create jobs.
Some don't even require a name. PetsMart gave me a card and I never
bothered to fill out the form. I still
On Jul 16, 2009, at 4:50 PM, phartz...@gmail.com wrote:
I use cash whenever possible. No trail.
I don't shop at *those* kinds of stores.
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On Thu, Jul 16, 2009 at 6:15 PM, t.piwowart...@tjpa.com wrote:
I don't shop at *those* kinds of stores.
What!! I'm talking about the Tyson's Apple Store.
Steve
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That's ok, they got you on camera.
On 7/16/09, phartz...@gmail.com phartz...@gmail.com wrote:
On Thu, Jul 16, 2009 at 6:15 PM, t.piwowart...@tjpa.com wrote:
I don't shop at *those* kinds of stores.
What!! I'm talking about the Tyson's Apple Store.
Steve
Good one, Tom!
t.piwowar wrote:
On Jul 16, 2009, at 4:50 PM, phartz...@gmail.com wrote:
I use cash whenever possible. No trail.
I don't shop at *those* kinds of stores.
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Actually, some gas stations still do give discounts for cash, like
the one I frequent. I still pay by credit card most of the time though,
as I generally would save less than $ 1 and usually don't carry
a lot of cash on me.
From:Matthew Taylor taylorsmatt...@gmail.com
Subject: Re: Batch
On Thu, Jul 16, 2009 at 7:29 PM, Steve at Verizonstevet...@verizon.net wrote:
Good one, Tom!
Tom just doesn't like to have any fun!
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On Jul 14, 2009, at 9:51 PM, Fred Holmes wrote:
I'd like to automate the process so that all available check images
are downloaded by an automated process (in background), or at
least while I'm doing something useful with my time.
The bank will probably see you desire as unwelcome hacking
On Wed, 15 Jul 2009, t.piwowar wrote:
On Jul 14, 2009, at 9:51 PM, Fred Holmes wrote:
I'd like to automate the process so that all available check images are
downloaded by an automated process (in background), or at least while I'm
doing something useful with my time.
The bank will probably
True, as does my bank, as do most banks, I think. But the check images on the
bank statement are not in check number order, nor are they individual -- if you
want an individual check image, you have to use some process to clip it out of
the page. And the image is front only, so you can't see
Is there a way to script (batch) the downloading of bank check images from my
bank account's web page? Currently, I have to download each check image
individually, with several mouse clicks each and waiting for pages or dialogs
to load before proceeding to the next click/step. I'd like to
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