71–80 of 190 posts
Honestly, I really enjoy using my credit card. I can buy anything, anytime, online, the customer service department always resolves fraud quickly, and they even pay me to use the damn thing
Luckily, credit cards are really a second tier payment system in most of the EU. Country-specific (debit) cards and the international Maestro payment system are the primary way to pay, along with cash. Apart from online shopping, of course. But even there, you usually have other viable payment options. So it's probably not all that much chaos...
As far as I can tell "Country-specific (debit) cards and the international Maestro payment" are only common in a couple of really backwards countries.
Luckily, credit cards are really a second tier payment system in most of the EU. Country-specific (debit) cards and the international Maestro payment system are the primary way to pay, along with cash. Apart from online shopping, of course. But even there, you usually have other viable payment options. So it's probably not all that much chaos...
Not in the UK, it's all mastercard/visa now.
I'm rolling my life back to the 1980's. :D
What was that whole thing about a "cashless society" again? What happens when a major rival actually attacks your cashless society?
Same reason I don't trust cash at all and only trade in goods, services, and jaunty tunes. The value of a dollar could disappear at any moment!
It isn't down. I work for a large e-commerce company and we're seeing ~10% decline rates, at most, on VISA cards only, and that's intermittent. Overall average decline rate is more like 1-3% when you factor in the intermittentness of it. Still not great, but not PAYMENT CHAOS and not a CRASH OF THE VISA NETWORK.
You forget, everything is chaos in the media. Trains, travel, finance, whatever you like. Chaos sells :)
Hey people I suggest revolut.com Make it an alternative it deserve!
Luckily, credit cards are really a second tier payment system in most of the EU. Country-specific (debit) cards and the international Maestro payment system are the primary way to pay, along with cash. Apart from online shopping, of course. But even there, you usually have other viable payment options. So it's probably not all that much chaos...
Ironically my credit card info literally got stolen at a restaurant last night and most of the purchases they tried to make were declined hahahahah Honestly, I really enjoy using my credit card. I can buy anything, anytime, online, the customer service department always resolves fraud quickly, and they even pay me to use the damn thing