Re:European Payments Initiative (EPI)
by ksec on Friday September 03, 2021 @12:23AM
(#28400387)
Well It used to be something like 95% of EUR uses Debit Card ( Visa or Master Debit, it doesn't matter but Debit Card not Credit Card ). And 95% of US were Credit Card.
2008 changes a few things and somehow Debit Card in US caught on. Credit Card in EUR increased as well. I think Debit Card now represent something like 40%+ of transaction in US. Credit Card in EUR is still comparatively small, but much larger than pre 2010s mostly due to company spending.
2008 changes a few things and somehow Debit Card in US caught on. Credit Card in EUR increased as well. I think Debit Card now represent something like 40%+ of transaction in US. Credit Card in EUR is still comparatively small, but much larger than pre 2010s mostly due to company spending.