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Because they are usually aren't free in Europe. And it doesn't feel like a new market opening, it usually is just that single shop once every year. And additio
by bildung 11y ago
Because they are usually aren't free in Europe. And it doesn't feel like a new market opening, it usually is just that single shop once every year.
And additional ancedata because I don't know whether that's a US <> Europe thing: Personally, the idea of going into dept for private consumption is completely foreign to me and most people I know, so the idea of a credit card is very unappealing.
Wire transfers OTOH are simple, practically free and fast enough (<1 day inside the country, ~1 day inside of Europe).
- jkyle 11y ago> Personally, the idea of going into dept for private consumption is completely foreign to me and most people I know, so the idea of a credit card is very unappealing. Though I know many don't follow this rule, I never purchase anything on a credit card I don't have cash for. It's purely for the convenience factor (and the 1-3% discount on all purchases). I wouldn't pay for one though.
- tommorris 11y agoHere in the UK, one advantage to using a credit card (even if you don't need credit) or a charge card is that the Consumer Credit Act 1974 gives you a whole bunch of extra consumer protections that you wouldn't get if you paid cash or debit card. The main reason I got a credit card initially was because when I visited the US, nobody understood what a Maestro card was.