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Just a remark on credit cards in Europe: yes, they are less common than in the US. However, this is mostly because Europeans use "EC cards" instead, which most
by Derbasti 11y ago
Just a remark on credit cards in Europe: yes, they are less common than in the US. However, this is mostly because Europeans use "EC cards" instead, which mostly work like debit cards except that they are issued by the banks themselves without an intermediary like Visa or Mastercard.
- deleted 11y ago[deleted]
- halomru 11y agoFrom my experience most Germans don't own a credit card. Everybody owns a EC card (since it's your normal bank card) but most people only use them if circumstances prevented them from carrying sufficient cash (unplanned big purchase etc). Card use is on the rise, but it's far from the norm
- hocuspocus 11y agoDo you realize that EC cards are either Maestro (MasterCard) or V pay (VISA)? Also you shouldn't make generalization about "Europe", payment habits vary greatly between neighboring countries (Germans' love for cash baffles me and most my non-German coworkers).