Plenty of people in Europe have credit cards [1] so now I'm curious. Why do so many have them? In the US where most people who are not paying cash do indeed us

Plenty of people in Europe have credit cards [1] so now I'm curious. Why do so many have them? In the US where most people who are not paying cash do indeed use credit cards it is pretty normal to also have a debit card, but that is because the debit card is what you use to get cash at an ATM and so it makes sense to have one even if you never use it for payments. [1] https://www.theglobaleconomy.com/rankings/people_with_credit_cards/Europe/ https://www.theglobaleconomy.com/rankings/people_with_credit...