I don’t know an adult Australian who doesn’t at least have a Visa debit card, which more or less functions as the same.
Many use EFTPOS (and quite frankly our government should move that to a credit payment facility so we can ditch the American ones) but what that Aussie told you is not correct; in fact most of the larger retailers are pushing for cashless transactions.
Are you sure that a Visa debit card is a credit card? I ask because in Canada we also have those (I have one) and it is specifically not a credit card. Rather, it is a debit card that is sometimes accepted by systems that ask for a credit card.
Regardless of this, I believe these changes should be protested. None of this is ever looking out for children, and I’m sure if stuff like this succeeds over there, it’ll just be a matter of time before we’ve got the same thing in the Americas.
I will say, as is alluded by discussion further on, there is a big lean from many toward Visa debit because it uses existing funds. Most I know who are working and even a few not working maintain credit cards however.
Or BNPL; I actually prefer it because there’s no maintaining credit fees and I can maintain it well enough.
It really depends on which Australia you qualify in. I’m in the B team so credit offerings aren’t something I’m really a part of, aside from BNPL. Many Aussies who ‘own’ homes run most of their lives through credit cards and home loan equity.
I’m an Australian
I don’t know an adult Australian who doesn’t at least have a Visa debit card, which more or less functions as the same.
Many use EFTPOS (and quite frankly our government should move that to a credit payment facility so we can ditch the American ones) but what that Aussie told you is not correct; in fact most of the larger retailers are pushing for cashless transactions.
But a debit card explicitly isn’t a credit card, which is what’s being talked about here
Are you sure that a Visa debit card is a credit card? I ask because in Canada we also have those (I have one) and it is specifically not a credit card. Rather, it is a debit card that is sometimes accepted by systems that ask for a credit card.
Thank you for some further explanation.
Regardless of this, I believe these changes should be protested. None of this is ever looking out for children, and I’m sure if stuff like this succeeds over there, it’ll just be a matter of time before we’ve got the same thing in the Americas.
I will say, as is alluded by discussion further on, there is a big lean from many toward Visa debit because it uses existing funds. Most I know who are working and even a few not working maintain credit cards however.
Or BNPL; I actually prefer it because there’s no maintaining credit fees and I can maintain it well enough.
It really depends on which Australia you qualify in. I’m in the B team so credit offerings aren’t something I’m really a part of, aside from BNPL. Many Aussies who ‘own’ homes run most of their lives through credit cards and home loan equity.
I’d wager this person who spoke about it to me is on the younger side - probably early 20s, so some more of this is making sense.
I also believe Steam doesn’t allow Visa Debit - at least, it doesn’t here, so perhaps it’s the same over there.
I believe it does, in fact I can find out for sure because my son is on Steam I believe, and runs Visa debit
I’ll go ask him
Edit: yes he does and yes he adds funds to his Steam account using his Visa debit card
Glad I could help here ay, most of the time I’m fairly useless
Appreciate it, thanks for checking!