Quote:
Originally Posted by Rui
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Oh, okay. Here in the U.S. it doesn't work like that. Our bank debit cards are almost the same as a credit card. They don't have the Electron logo. And I can use it as either a debit card or a credit card. That's why I was saying that I didn't see how a processor could tell one from another to give stats as to the percentage of people using a debit card vs. a "real" credit card. At least I don't think so.
Point is, that every joe blow who opens a bank account in the U.S. has a bank debit/credit card. So the credit crunch has no effect on them. Of course if nobody has any money in the bank then there is a problem...