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> "because they're vastly more likely to be unbanked" This is not true in the US, where your debit/bank card is also a VISA/MasterCard fully usable online. Eve
by potatolicious 14y ago
> "because they're vastly more likely to be unbanked"
This is not true in the US, where your debit/bank card is also a VISA/MasterCard fully usable online. Even people with zero credit can easily spend money online. If you have a bank account in the US, there are effectively no barriers to spending the money in it, online.
- ig1 14y agoIf you're unbanked you don't have a bank account, hence no debit/credit card. Between 18-24% of the US population fall into that category.
- protomyth 14y agoWalmart and K-Mart are "fixing" this with free payroll check cashing and rechargeable debit cards. One uses MasterCard and the other uses American Express.
- deleted 14y ago[deleted]