I don’t see it increasing user numbers as most people use a mobile device these days and there’s nothing new on there compared to the mobile app, but I just stumbled on to the web app looking for some news about anything that’s going on with this stagnant company with its share price circling the drain… I was able to login.
Totally disagree with you there JonnyE.
Phones are absolutely stupid for doing anything financially. I much prefer a 17" laptop screen. Now we are getting somewhere and I can see us appealing to a much wider audience, where we can take Tally as our main banking account (or at least in parallel conjunction with such).
As for the Tallymoney share price - mine is still at 3.3p sitting in my share dealing account and will be until we list on a main market - however long that takes.
(Incidentally, I wrote these off in my head a long time ago, so anything is a bonus - come what may). I commiserate, of course, with those wanting out and unable to do so.
That’s an interesting point of view, I’m curious as to what you can or will do better or easier with this on a bigger screen?
Mainly down to my eyes Jonny I just find my smartphone difficult to use.
But aside from that, this ( for me ), opens up using Tally more on a day-to-day basis and hopefully will become more useable with having Direct Debits, SO’s, etc. as a standard banking product.
Would I move over from my HSBC ( Midland ) / First Direct account I’ve had since I left school 40 odd years ago? - quite possibly!
I do agree it could be beneficial for the eyesight for some people. But as far as for DD’s and SO, even assuming they have enough funds/time to last long enough to implement such things, I have made my point of view about this type of account not being financially safe for an every day account.
Can you imagine setting up direct debits and standing orders for what you thought were fixed payment amounts (not including the usually increases made by the person you’re paying) and gold dropping in price compared to the £. Your DD’s and SO’s would effectively increase by the percentage drop in the price of gold.
You’d have very little control over paying this increase unless you either cancelled them and moved them back to a fiat account, or you only deposited enough in to tally from your fiat account to cover the DD’s and SO’s the day before they were due to come out of your tally account.
It’s a very risky account to use for regular withdrawals of any type, DD’s, SO’s or card payments in anything other than a gold bull run period.
OR . Maybe I’m completely missing something with the way I look at this account, as even Cameron doesn’t seem to see what I see which is why he thinks this is a new reserve every day bank account which is why he copies the standard fiat account apps rather than creating an innovative new savings product… That can also be spent easily now and then if needed.
I was using TallyMoney as my holiday account since being a shareholder for the last 5-7 years. I closed my account this spring and moved to Monzo for my holiday account. So much better, slick app, instant deposits and notifications and many more features including higher rate instant access savings account.
I’ve used Monzo as my main account since it came out of beta stage, never had any major issues with it.
I would never use Tally as my main account, only use the card maybe once a year and would never use it for DD or SO’s, it is only for savings in gold with easy access. It has a very good use case as an account, but not the one it is marketed as, which is probably why it fails to gain traction and generate increasing revenue.
Actually, @JonnyE Webapp is sh*t…impossible to log-in.
Just end up going around in circles and end up with ‘Device authorization failed’.
@coot
Doesnt surprise me, it worked when i tried back then, i had a look around. Just a website the same as the app. Probably a weeks work to design, build and connect to the amazing teko backend.
I guess they broke that too then…
I have to confess @JonnyE …I’ve been the idiot here.
I didn’t realise ( or know ) that I had to authorise log-in via my phone just as authorising a payment. Pretty clever really. I retract my ‘sh*t’ comment above.
I’m going to start using Tally a lot more now as I feel gold is still going to climb for a few years yet.