[LargeFormat] Re: OT: What's an ec card?

[Stuart Phillips]

And debit cards are being used for smaller and smaller purchases.

----- Original Message ----- 
From: "Wilkes, Don MSER:EX" <Don.Wilkes@gems9.gov.bc.ca>
To: <largeformat@f32.net>
Sent: Friday, June 20, 2003 12:42 PM
Subject: RE: [LargeFormat] Re: OT: What's an ec card?


> > It's quite similar to a credit card and is issued by almost
> > all European banks for free. There are 1.65 million shops in
> > Europa that accept the ec-card but 'only' 2.7 million world-wide.
> > Fees are considerably lower that for credit cards.
>
> It sounds like what is known in Canada as a "debit card".  You use it much
> like a credit card, but the funds come straight out of your bank account
and
> into the merchant's account.
>
> \dw
>
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