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I am Irish and in my experience most people use debit cards these days. I have a credit card but almost never use it.
by padjo 4mo ago
I am Irish and in my experience most people use debit cards these days. I have a credit card but almost never use it.
- tlogan 4mo agoI assume this is my “bounded rationality” / “bubble” bias (my impression was based on the people I know and not the full picture) I checked the stats, and about 40% of purchases in Ireland are made by credit card. In the US, it is around 70%.
- padjo 4mo agoHonestly shocked its as high as 40%. I assume that's by value not transaction count.
- rsynnott 4mo agoWhere'd you find that stat? I can't find any stats which break out spend by debit and credit card for Ireland, but what I can find is that (as of 2024), there were 7.95 million active debit cards and 1.58 million active credit cards in Ireland (which has 5.2 million people). Given that, the 40% stat seems implausible.