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

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.

Comments

Re:Well..

[tk77]

This exactly. I pay with credit cards because i get cash back or points towards things like gift cards for places I actually buy things. I'm paying the same price at the register as someone who is paying cash, except that I get back a percentage of what I'm paying for to reduce the cost of something next time.

Not everyone is using credit cards because they can't afford things. I hardly ever carry a balance on mine and pay them off right away. I also don't like carrying a lot of cash around with me. If someone steals the money off you while your out shopping, you've probably lost it for good. If someone steals your credit card you can simply cancel it and get a new one. Any charges incurred will be wiped away.

Re:Old adage

[AvitarX]

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.