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There seems no mention of what they plan to do with the "credit" part of a credit card?
by openrisk 2y ago
There seems no mention of what they plan to do with the "credit" part of a credit card?
- pjc50 2y agoThis is a payments system (debit card). Slightly different but more popular in debt-averse countries like Germany.
- newaccount74 2y agoMost people in Europe don't rely on credit card debt. We buy stuff only if we have the money in our bank account. And if we don't, we just overdraft our accounts. 20 years ago, credit cards were a thing that mostly people who travelled a lot had. Then people got credit cards so they could buy stuff online, but a few years ago debit mastercard / visa replaced maestro, and we no longer need credit cards for online shopping. So people stopped getting credit cards.