I finally saw how a cashless system can just cut you off

My friend in Austin had her payment app freeze her account for a 'security review' after she sent $500 to split a vacation rental. She couldn't buy groceries for three days while they 'investigated'. Who gave them the right to control her money like that? Has anyone else been locked out of their own funds over a normal purchase?

3 comments

3 Comments

sean_green4413d ago

I keep a backup debit card for exactly that reason.

karencampbell13d ago

That's why I still keep some cash in a drawer.

phoenix_lewis13d ago

Totally, cash is the one thing that never has a system outage. I keep a couple hundred tucked in a book for when the card readers go down at the corner store. It just saves the whole hassle.