• PhoenixDog@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    7 days ago

    In Canada we have Interac E-transfer for transferring funds from our standard chequing accounts to private businesses or people we’re buying things off of. We also have “virtual credit cards” that are just a CC number with an exp date and CVV that we can use for online purchases and that money comes out of our regular back account without the need for a credit account.

    Most people still have and use Credit Cards but we are far less reliant on them here. Most of them time if someone has one it’s for the perks that card gives, like cash back on purchases or points for rewards like gift cards, tools, vacations, etc.

    • frostysauce@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      7 days ago

      We also have “virtual credit cards” that are just a CC number with an exp date and CVV that we can use for online purchases and that money comes out of our regular back account without the need for a credit account.

      So, like, a debit card?

      • PhoenixDog@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        7 days ago

        No, as you cannot use your debit card for online credit card interactions.

        You can’t use a debit card to buy things off Amazon.

        • frostysauce@lemmy.world
          link
          fedilink
          English
          arrow-up
          1
          ·
          7 days ago

          That’s a new one for me. I didn’t realize in some countries you can’t use a debit card on Amazon. To be clear, I’m not talking about an ATM card, I’m talking about a debit card with a Visa or MasterCard logo.