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Apr 16, 2021 at 20:40 comment added PhillipW I suspect these % card holding numbers are well out of date by now (2021)
May 7, 2018 at 17:50 history rollback Schwern
Rollback to Revision 2
May 7, 2018 at 17:29 history edited Mayo CC BY-SA 4.0
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Dec 20, 2015 at 14:35 comment added MSalters @Schwern: I was actually commenting that the non-US situation is far worse. Last line of the question was "My potential customers are anyone with an internet connection and a means of paying." - i.e. requiring a CC eliminates about 80% of your customers. Even among OECD (i.e. rich) countries, CC ownership is only 53%. (Source: Worldbank Findex report 2014)
Dec 18, 2015 at 21:25 comment added Schwern @MSalters From that same article... "20 percent of college students carried neither [a credit card nor a debit card]" though it drops to about 10% by the time they graduate. Debit cards also don't have the same legal fraud protection in the US as credit cards; people may be more reluctant to use them online, though I don't have data for that.
Dec 18, 2015 at 20:55 comment added Damian Yerrick @MSalters Where I live, most debit cards have a CC number and can be used at merchants accepting CCs.
Jan 14, 2015 at 9:36 comment added Frank Kusters This is an awesome answer that really deserves more upvotes.
Jan 10, 2015 at 20:08 history edited Schwern CC BY-SA 3.0
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Jan 10, 2015 at 20:02 comment added MSalters "30% of the US population has no CC" isn't so bad. Internationally they're far rarer, as debit cards are the norm.
Jan 10, 2015 at 18:53 history answered Schwern CC BY-SA 3.0