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> Insurance, points, cashback, chargebacks Dutch here. We don't have points or cashback. Purchases are insured with standard bank debit payments as well, as ar

> Insurance, points, cashback, chargebacks Dutch here. We don't have points or cashback. Purchases are insured with standard bank debit payments as well, as are chargebacks. I do own a credit card but that is purely for the occasional (usually US) webshop that doesn't accept European debit cards, or as a backup payment method on vacation (my debit card once broke on vacation and my family had to send me money through Western Union)

bserge 5y ago
What kind of store doesn't accept "European" debit cards, but accepts credit cards? Visa and MasterCard debit should work anywhere online regardless of origin.
- Leherenn 5y ago
  Not sure about online stores, but renting a car in the US with a debit card is a pain from experience.
- JelteF 5y ago
  European (or at least Dutch) debit cards are not Visa or Mastercard. They are either Maestro or V Pay. These cards don't have a 16 digit card number and CVV that you can in online shops and pay with those. This has the advantage that these numbers also cannot be "stolen" and then used by criminals to buy things. Debit cards are really just for physical payment, where you either use contactless payment or by using a PIN. For online shopping, the shops talk to the banks by using an OAuth-like API that can be used to either pay once or set up a monthly payment. There's a few different of these APIs throughout Europe, in each country usually only 1 or 2 are used. Some examples of these APIs are: Bancontact, iDeal, Giropay and Sofort European webshops usually only support the ones in the country that they are located in, and for all others they either support credit card or bank transfers (which are free and standardized within Europe). American webshops usually only support credit cards, so that's the most common reason for people to have one.
  - bserge 5y ago
    Ah, I see. Well, just get Visa or MasterCard, even in Germany it's very easy these days.
    - touisteur 5y ago
      Errr depends on the area. Sometimes they have EC but not VISA and then you look like a cashless moron (I literally only ever have minimal 'not a vagrant' cash in France, and never use it, especially since they added touch-pay for <20EUR and increased it to <50EUR during first lockdown).
- deleted 5y ago
  [deleted]
AniseAbyss 5y ago
Also you are paying for that insurance. People don't really dig into just how expensive creditcards really are because in many countries it's really the only way to pay for things online. The only time I ever use a CC is when I'm dealing with an American company- because it's either CC or PayPal with them.

bserge 5y ago

What kind of store doesn't accept "European" debit cards, but accepts credit cards? Visa and MasterCard debit should work anywhere online regardless of origin.

Leherenn 5y ago
Not sure about online stores, but renting a car in the US with a debit card is a pain from experience.
JelteF 5y ago
European (or at least Dutch) debit cards are not Visa or Mastercard. They are either Maestro or V Pay. These cards don't have a 16 digit card number and CVV that you can in online shops and pay with those. This has the advantage that these numbers also cannot be "stolen" and then used by criminals to buy things. Debit cards are really just for physical payment, where you either use contactless payment or by using a PIN. For online shopping, the shops talk to the banks by using an OAuth-like API that can be used to either pay once or set up a monthly payment. There's a few different of these APIs throughout Europe, in each country usually only 1 or 2 are used. Some examples of these APIs are: Bancontact, iDeal, Giropay and Sofort European webshops usually only support the ones in the country that they are located in, and for all others they either support credit card or bank transfers (which are free and standardized within Europe). American webshops usually only support credit cards, so that's the most common reason for people to have one.
- bserge 5y ago
  Ah, I see. Well, just get Visa or MasterCard, even in Germany it's very easy these days.
  - touisteur 5y ago
    Errr depends on the area. Sometimes they have EC but not VISA and then you look like a cashless moron (I literally only ever have minimal 'not a vagrant' cash in France, and never use it, especially since they added touch-pay for <20EUR and increased it to <50EUR during first lockdown).
deleted 5y ago
[deleted]

AniseAbyss 5y ago

Also you are paying for that insurance. People don't really dig into just how expensive creditcards really are because in many countries it's really the only way to pay for things online. The only time I ever use a CC is when I'm dealing with an American company- because it's either CC or PayPal with them.