> > The problem with paying for anything over $100 is > > having the money with you at that time. > Most such purchases are not 'off the cuff'. They are planned. Oh? so presumably all these "special promotions" you regularly see on medium-to-large ticket items are worthless unless they can be advertised four or five days in advance so that their purchase can be planned? Impulse buying of medium-ticket items (usually electrical goods or luxury items) is a major factor.
> No it doesn't. A credit card in and of itself gives you access > to somebody elses money. You have to pay them back with > your own (preferably w/o a credit card - funny that, no?). Debit cards? or don't they exist over there? > What -will- replace credit cards and checks and other stuff > is a better network and a protocol that will allow one person > to -directly- transfer funds from their bank to the buyers bank Ah. you mustn't have debit cards over there then.
