alt Hacker NewsThis seems different than a credit card account though? I buy everything with my credit cards because I don't want to swipe my bank card at random merchants.
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This is not an issue in Europe (and really in most if not all countries other than the US at this point), since both credit and debit cards require a PIN for all non-trivial payment amounts.
it's about the payment processors, not the card type, though the article makes it confusing by mentioning credit cards as it's really not about that at all
https://www.ecb.europa.eu/euro/digital_euro/faqs/html/ecb.fa...
Read the FAQ, it's about no longer relying on US payment processors for handling transactions in a different country that may not support your country's payment system
A vast majority of card transactions in the EU are done via debit card. Credit card accounts for only around 25% vs debit. And the only place I've swiped my card was once, in the US, about 15 years ago.
This tells me you are likely from North America?
Credit Card usage is really different between those regions. While I lived in EU, I rarely used credit cards (even paying online works with debit cards). But in Canada/US, I almost exclusively pay with credit cards now when shopping. Although in fairness it took me a few years to get in the habit of using credit cards and 'collecting points'.