Hardware Analysis - You can't pay cash for that iPhone, sir.

Re: You can't pay cash for that iPhone, sir.

Adam Kolak — 2007-10-28T22:59:41-05:00

Gerritt said:

Adam,
OK I can dig that, but in tying the phone to a usage contract (AT&T), this is incurring a debt. Isn't it?
Gerritt

Interesting point. I'm no law expert though I'll admit. I think this one can go either way.

And no matter what the law says, the fact is that they should accept cash because it's the right thing to do.

Re: You can't pay cash for that iPhone, sir.

Gerritt — 2007-10-28T22:53:40-05:00

Adam,

OK I can dig that, but in tying the phone to a usage contract (AT&T), this is incurring a debt. Isn't it?

Gerritt

Re: You can't pay cash for that iPhone, sir.

Adam Kolak — 2007-10-28T22:45:34-05:00

No its legal in the US. You have to accept cash if someone is paying you back for a dept by US law. But if someone is purchasing something they don't have to accept cash if you don't yet owe them a debt.

Re: You can't pay cash for that iPhone, sir.

Gerritt — 2007-10-28T22:32:19-05:00

I'm pretty sure that the debit/credit card only policy is illegal.
Federal Reserve Notes still have the "Legal Tender for all Debts and Transactions" or something like that still printed on them the last time I looked....hehe I personally don't handle a lot of cash. If a retail outlet needs to deter theft or robbery by not having any cash on the premises, they still have to take a check, certified check or money order....I think.

To institute a debit/credit instrument only policy in order to track purchaces will most likely be challenged in the courts very quickly.

Gerritt

Re: You can't pay cash for that iPhone, sir.

Sean Costello — 2007-10-28T22:03:29-05:00

CrAsHnBuRnXp said:

Kieran Blenkarne said:

Does the States implement Eftpos much? Or is it all credit and cash?

What the hell is "Eftpos?"

Although many debit cards are of the Visa or MasterCard brand, there are many other types of debit card, each accepted only within a particular country or region, for example Switch (now: Maestro) and Solo in the United Kingdom, Carte Bleue in France, Laser in Ireland, "EC electronic cash" (formerly Eurocheck) in Germany and EFTPOS cards in Australia and New Zealand. The need for cross-border compatibility and the advent of the euro recently led to many of these card networks (such as Switzerland's "EC direkt", Austria's "Bankomatkasse" and Switch in the United Kingdom) being rebranded with the internationally recognised Maestro logo, which is part of the MasterCard brand. Some debit cards are dual branded with the logo of the (former) national card as well as Maestro (e.g. EC cards in Germany, Laser cards in Ireland, Switch and Solo in the UK, Pinpas cards in the Netherlands, Bancontact cards in Belgium, etc.). Debit card systems have become popular in video arcades, bowling centers and theme parks. The use of a debit card system allows operators to package their product more effectively while monitoring customer spend. An Example of one of these systems is ECS by Embed International.

http://en.wikipedia.org/wiki/Debit_card

Re: You can't pay cash for that iPhone, sir.

CrAsHnBuRnXp — 2007-10-28T21:33:14-05:00

Kieran Blenkarne said:

Does the States implement Eftpos much? Or is it all credit and cash?

What the hell is "Eftpos?"

Re: You can't pay cash for that iPhone, sir.

Mike L — 2007-10-28T21:06:43-05:00

And that's probably got to be the most asinine thing I've ever heard in my life. So ... if someone wants to pay with cash, they can't!? What a bunch of sickos.

Re: You can't pay cash for that iPhone, sir.

FordGT90Concept — 2007-10-28T14:21:33-05:00

Kieran Blenkarne said:

Does the States implement Eftpos much? Or is it all credit and cash?

Visa and MasterCard bebe. I order everything online via credit card than pay off the card issuer with an EFT.

Re: You can't pay cash for that iPhone, sir.

Al-CID — 2007-10-28T06:11:14-05:00

i only can pay with cash, since I am underage for credit cards.

Re: You can't pay cash for that iPhone, sir.

Kieran Blenkarne — 2007-10-28T04:45:13-05:00

Does the States implement Eftpos much? Or is it all credit and cash?

Re: You can't pay cash for that iPhone, sir.

FordGT90Concept — 2007-10-28T04:39:14-05:00

Cash makes me nervous. It's so easy to lose, be stolen, damage beyond recognition, etc. I trust a bank more than myself with money, apparently. Ah well. I'm not planning on buying any cellphone in this lifetime.

Re: You can't pay cash for that iPhone, sir.

Adam Kolak — 2007-10-28T02:15:01-05:00

I wonder if they will take gold? I'll come in with a brick of gold, and tell them that it's either $399 worth of Gold or $399 cash otherwise I'm gonna go buy a Windows Mobile phone lol...

Re: You can't pay cash for that iPhone, sir.

Kieran Blenkarne — 2007-10-28T02:13:53-05:00

Do they take stamps?

Thats still a form of currency....they better, I just bought $1000 worth of stamps so I could buy this iPhone.....

Re: You can't pay cash for that iPhone, sir.

Adam Kolak — 2007-10-28T01:00:30-05:00

Sean Costello said:

I bet 100% they want people to pay in other means then cash because they want their information

Exactly, they think it will stop people from unlocking and reselling them.

Re: You can't pay cash for that iPhone, sir.

Sean Costello — 2007-10-28T00:54:20-05:00

I bet 100% they want people to pay in other means then cash because they want their information so they can keep contacting it, thats what i think.

Sorry if it says that in the article, didn't read it.