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Then they will ask why nobody wants to use their payment cards (lemmy.world)
submitted 1 year ago by to c/memes@lemmy.world
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[–] 2 points 1 year ago* (1 child)

This is not true for many countries. Debit cards in my country have equal or even better consumer protections than credit cards and are also cheaper.

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  • [–] 2 points 1 year ago

    It's true in the United States. In the US, a debit card transaction is an EFTPOS (electronic funds transfer at point of sale) and once you enter your PIN, there are no take-backs and if you want a refund and the merchant refuses, you have to resort to the legal system for recourse. Credit cards, on the other hand, have consumer protection rules and dispute procedures.

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