tag:blogger.com,1999:blog-2983222668016606399.comments2014-11-28T11:36:46.878+01:00HansHagenHans Hagenhttp://www.blogger.com/profile/07962939973377803497noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2983222668016606399.post-10690577972218020382013-02-05T13:37:23.573+01:002013-02-05T13:37:23.573+01:00Hello,
I am on your blog for the very first time. ...Hello,<br />I am on your blog for the very first time. It is a very informative blog, specially this post.<br />Keep sharing the good work.<br />Regards<br /><a href="http://indusfastremit.com/" rel="nofollow">Remit 2 india exchange rate</a>Anonymoushttps://www.blogger.com/profile/11179712109301541719noreply@blogger.comtag:blogger.com,1999:blog-2983222668016606399.post-77940864343949635262009-09-16T16:04:21.390+02:002009-09-16T16:04:21.390+02:00Thanks for your comment. I do agree with you that ...Thanks for your comment. I do agree with you that a lot (most) of our transactions are below the €25 limit, in general. My point re the limitin my blog concerns Carrefour specifically, and a Carrefour branded card for purchases in their store. In that environment, I do not understand the imposed limit, and I have shown why I don't believe it makes sense.<br /><br />To the other point you are making (cash vs cards in other channels), I agree that cash is king for a lot of purchases, as you correctly point out. This has been shown in research. I have previously run projects for card-based micro-payments (MasterCard Cash), and have observed what has happened to Moneo in France (the latter being a battling niche product used for pay parking).<br />Some questions are:<br />- Will contactless card acceptance be widespread such that customers feel there is a significant benefit of having and using a contactless card for small ticket items?<br />- Will merhants be willing to pay for card acceptance for such low values (they didn't for Moneo)?<br />- Cash is a tough competitor, as it is perceived to be universally accepted, without transaction charges, quick and convenient. Is it realistic to believe that we will make large inroads in the low-value ticket purchases using a card-based payment tool? <br /><br />I would be very interested in your comments and thoughtsHans Hagenhttps://www.blogger.com/profile/07962939973377803497noreply@blogger.comtag:blogger.com,1999:blog-2983222668016606399.post-31955214109320684742009-09-16T12:43:13.760+02:002009-09-16T12:43:13.760+02:00Although, your weekly shop may come to an average ...Although, your weekly shop may come to an average value of 58 Euros, there are a number of different channels where the average transaction value is significantly below the boundaries. e.g. mobile phone top up, Kiosks, fast food, buying a drink at a bar or the cinema… rather than looking through you receipts to establish how many times you spent less than 15 Euros at a supermarket, it might be a better idea to forget using cash completely for 1 month and only use your card, and then look at your bank statement to see the % of transactions which are below the threshold. It will almost certainly be higher than 20% of your total transactions.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983222668016606399.post-32310066780555988982009-04-30T15:40:00.000+02:002009-04-30T15:40:00.000+02:00Hello Hans Olav. Interesting overservations conser...Hello Hans Olav. Interesting overservations conserning card usage and consumeres preference for cash and cheques. <br />ATM's and what I call "VISA-shops" are consentrated in parts of the big cities like Casablanca, Rabat and Fes. And touristic places. And, yes, there is work to be done. Good luck. <br />Magnhild - the lucky owner of a local BMCE Electron card.Magnhildnoreply@blogger.com