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Old 12-01-2008, 08:48 PM  
Robbie
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Join Date: Aug 2002
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Quote:
Originally Posted by Rui View Post
Not really. Here, all VISA debit cards cary the VISA ELECTRON logo as default and its dead easy to get one, if you want a VISA as credit card you get the "standard" logo and need file for an application,blablabla.

Visa Electron
http://en.wikipedia.org/wiki/Visa_Electron



or going to the horses mouth on their Debit Cards page:


http://corporate.visa.com/md/fs/consumer/visadebit.jsp
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...
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