Re:Help HN: Starlink Signup Indistinguishable from a Scam
by FeepingCreature on Monday November 21, 2022 @04:13AM
(#33690507)
Thanks a bunch! I definitely underestimated the amount.
Important to note that 80% of those are what the study calls "charge cards", which is 'credit cards' that resolve against an associated debit account. Not sure if those even allow overdrawing it. And 82% prefer paying with a debit card rather than credit if given the option, which indicates to me that this is a mere reaction to the online prevalence of credit cards which will go down as stores offer more non-credit card options. (As we can see by the slight reduction in '21.)
In other words, I believe this prevalence represents a desire to be able to interface with websites, rather than a desire for credit. People largely don't own a "credit card" so much as a "debit-VISA adapter."
Important to note that 80% of those are what the study calls "charge cards", which is 'credit cards' that resolve against an associated debit account. Not sure if those even allow overdrawing it. And 82% prefer paying with a debit card rather than credit if given the option, which indicates to me that this is a mere reaction to the online prevalence of credit cards which will go down as stores offer more non-credit card options. (As we can see by the slight reduction in '21.)
In other words, I believe this prevalence represents a desire to be able to interface with websites, rather than a desire for credit. People largely don't own a "credit card" so much as a "debit-VISA adapter."