Here in the UK we have frictionless debit payments and we all use credit cards. Credit cards have a safety net in case of fraud. Much better.
Cash is 15%, the rest are various types of bank transfer. Note this is all transactions, online and in-person, including things like subscription renewals.
(How can a debit card be cloned, anyway? I'm not aware of any case of this, only a possible problem in the USA where data is 'cloned' onto a magstripe card.)
https://www.ukfinance.org.uk/system/files/2022-08/UKF%20Paym...
Er yes, you're right about debit card cloning I think. I'll retract that one :) However if purchase something that doesn't work your CC company is jointly liable (crazily enough) and if your card details leak you have protection against fake purchases. Neither is the case for debit card use.
[0] https://www.ukfinance.org.uk/data-and-research/data/card-spe...
Instead, private credit cards are built into the system. That makes no sense to me. The US system of credit cards does very little for economic stability or growth. It has clear harms to the vulnerable and it hardly benefits the economically stable. Instead, there should be a system of frictionless debit payment. Governments shouldn’t pick winners and losers, but they should build infrastructure for healthy markets.
Signing credit card slips? What is that? Clearly irrational. Visa and Mastercard are not just normal market players. American capitalism would function better without the excessive role of credit cards in commerce.