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In Canada we do. I think the reliance on credit cards is largely an American phenomenon.
by click170 15y ago
In Canada we do.
I think the reliance on credit cards is largely an American phenomenon.
- mahyarm 15y agoIn Canada, people don't use Visa or Mastercard Debit cards. They use Interac, a Canadian financial network that only charges a flat fee of ~0.25 per debit card transaction. You can't use them for online purchasing although. Most Canadian's are surprised when you can use a debit card like a credit card for online purchases.
- msbarnett 15y agoThe phrasing of your last two sentences is unclear, but to clarify for those reading, you can indeed use Interac debit cards for online payments.
- latitude 15y agoI am in Canada and while Interac is indeed widely accepted, people are using it noticeably less and less in favor of reward credit cards, which are - practically speaking - delayed-payment debit cards with really good benefits. Interac's latest slogan is "Paying with Interac just feels right." When you are down to a feeling as a card benefit, you know there's a problem. Credit cards effectively won, and merchants are paying :)