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> you may even find hermits that don't have a card... but, in any practical sense, everybody does, and that's how they do their online purchases. It never sto

> you may even find hermits that don't have a card... but, in any practical sense, everybody does, and that's how they do their online purchases. It never stops. :( A person's tiny subset of experience is rarely indicative of anything but that, a subset. I conduct every transaction I can via credit card for two reasons: cash back and protection via the ability to revert fraudulent transactions. But I also have known rational, "techy" (SWE) people who refuse to use them. And I know way better than to attempt to project my experience on "everybody". https://www.theglobaleconomy.com/rankings/people_with_credit_cards/ https://www.theglobaleconomy.com/rankings/people_with_credit...

virgilp 5y ago
I mentioned "in every practical sense" - I'd bet that those that don't have credit cards don't do online purchases either, in the vast majority of cases (>95%). But indeed, that's true in the western world - I might be worng for Africa and Asia/China where mobile-only payments are more prevalent.
- grog454 5y ago
  France is an example of a western country with < 50% prevalence according to that site. I think you might still be biasing your estimates (the 95%) due to your own experience. Amazon.com, for example, accepts checking accounts and retail purchased gift cards for US residents.
  - virgilp 5y ago
    That just credit cards ([edit] From your own source, roughly 85% French had debit cards[3]). According to statista[1], France has ~50% credit card penetration, but roughly ~100% have debit cards. Also, digital buyer penetration was <63% in 2017 and is 78% now[2]. [1]https://www.statista.com/statistics/1098129/credit-cards-and-debit-cards-per-capita-in-france/ https://www.statista.com/statistics/1098129/credit-cards-and... [2]https://www.statista.com/forecasts/891312/digital-buyer-penetration-in-france https://www.statista.com/forecasts/891312/digital-buyer-pene... [3]https://www.theglobaleconomy.com/rankings/people_with_debit_cards/ https://www.theglobaleconomy.com/rankings/people_with_debit_...

virgilp 5y ago

I mentioned "in every practical sense" - I'd bet that those that don't have credit cards don't do online purchases either, in the vast majority of cases (>95%). But indeed, that's true in the western world - I might be worng for Africa and Asia/China where mobile-only payments are more prevalent.

grog454 5y ago
France is an example of a western country with < 50% prevalence according to that site. I think you might still be biasing your estimates (the 95%) due to your own experience. Amazon.com, for example, accepts checking accounts and retail purchased gift cards for US residents.
- virgilp 5y ago
  That just credit cards ([edit] From your own source, roughly 85% French had debit cards[3]). According to statista[1], France has ~50% credit card penetration, but roughly ~100% have debit cards. Also, digital buyer penetration was <63% in 2017 and is 78% now[2]. [1]https://www.statista.com/statistics/1098129/credit-cards-and-debit-cards-per-capita-in-france/ https://www.statista.com/statistics/1098129/credit-cards-and... [2]https://www.statista.com/forecasts/891312/digital-buyer-penetration-in-france https://www.statista.com/forecasts/891312/digital-buyer-pene... [3]https://www.theglobaleconomy.com/rankings/people_with_debit_cards/ https://www.theglobaleconomy.com/rankings/people_with_debit_...