the problem with credit cards today is that people under 18 cannot have their own. How can we instill hardworking qualities in our young people while denying them the right to use their money as they choose?
also there was already an cash-card expirement sort of in finland, where you would have cards you could load up at atm. though theres been little fuss about it lately, since only few places got the machines needed for it's operation (best place to use it was mcdonalds), and now with visa electron everywhere theres no point in using the 'old' cashcard system.
visa electron verifies that the money is on the account before every transaction so there is no credit issues with it. and it works around the world easily as well..
a problem (Score:2, Insightful)
Re:a problem (Score:2)
also there was already an cash-card expirement sort of in finland, where you would have cards you could load up at atm. though theres been little fuss about it lately, since only few places got the machines needed for it's operation (best place to use it was mcdonalds), and now with visa electron everywhere theres no point in using the 'old' cashcard system.
visa electron verifies that the money is on the account before every transaction so there is no credit issues with it. and it works around the world easily as well..