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Black Friday Panic at Macy's: People Report Credit Card System Outage (fastcompany.com)

Posted by ryuzaki0 on from the damn-it dept.

An anonymous reader shares a report: Macy's might have celebrated an increase in share price on Black Friday, but it seems like the retailer will end the day with a lot of lost sales. Many of its customers recently took to Twitter to complain that its credit card machines are down, and that they can only pay with cash.

7 of 119 comments (clear)

  1. O. M. G! by Frosty+Piss · · Score: 4, Insightful

    I wonder how many murder / suicides this will result in?

    But seriously, do they not load test in the run-up to these extravaganzas?

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  2. Old adage by boudie2 · · Score: 4, Insightful

    Never borrow money unless it's for something you can make money with.

    1. Re:Old adage by AvitarX · · Score: 5, Insightful

      Why would you assume that a credit card purchase is for the loan?

      I get 2% cash back, and price protection for 60 days.

      That means if they do better sales in January (likely), I get the discount, and it's easier than dealing with various stores.

      Between the two, I save about $300-400/year, and 200 of it is zero effort.

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  3. Re:Well.. by phantomfive · · Score: 3, Insightful

    Fools pay with cash. When you pay with credit cards, you get cash back.

    (And don't make a stupid argument that the price is increased to pay for the "cash back"........of course it is, but the people who pay with cash pay the same price as those who pay with credit cards, just don't get any cash back).

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  4. Re:Well.. by jmccue · · Score: 4, Insightful

    Well you are correct, but in reality:

    # 1. People do not have the cash, so they need to borrow to buy what they cannot afford. If Credit Cards were to disappear, the world economy will crash faster then it ever has.

    Also there seems to be a push worldwide to do away with cash completely, I think a couple of countries already have. What I have read this seems to due with "stop the criminals", but I think is is more like 'monitor the public'.

  5. Re:if u have 2 use a credit card by DontBeAMoran · · Score: 3, Insightful

    Without credit, most of the american, european and asian retailers would have to close down.

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  6. Why I pay with cash... by b0s0z0ku · · Score: 3, Insightful

    If stores get the majority of their payments by cashless means, they'll drop the option of paying in cash. This is bad from a privacy, anonymity, and economic class (immigrants and the poor are more likely to be un-banked) perspective. This also puts more power to track purchases in the hands of governments, banks, and marketeers.

    I think of the slight inconvenience as doing my part to slow down the slow erosion of privacy in the US.