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A Gallup poll claims 7% of people in developing economies have credit cards and 50% in high income countries http://www.gallup.com/poll/154340/credit-cards-form
by rogerbinns 14y ago
A Gallup poll claims 7% of people in developing economies have credit cards and 50% in high income countries http://www.gallup.com/poll/154340/credit-cards-formal-loans-rare-developing-countries.aspx http://www.gallup.com/poll/154340/credit-cards-formal-loans-...
According to creditcards.com (I can't tell how legit they are) 70% of US adults do have a credit card.
There is a sizeable market of non-credit card holders. And yes, it also lets parents buy virtual currency for their kids too.
- geetee 14y agoHow are you buying Amazon Coins without a credit card? At the store with cash? Amazon already sells gift cards at retail locations.
- rogerbinns 14y agoIt is easier to purchase $20 worth of "coins" once than it is to make small dollar purchases in dribs and drabs over time as small transactions are needed (eg 40 transactions for 50c each). "coin" purchases can be done in any way that makes sense for a consumer including using credit cards, debit cards, bought at stores, gift cards, promotions from others (like how many places use airline miles) etc.