2007-07-13 22:42:48 · 3 answers · asked by swelwynemma 7 in Business & Finance ➔ Credit
It has a bit of a stigma attached to it Re: normally supplied to poor credit raters - hence shops do not like to accept them as they fear non payment or some such hassle down the line.
There are 3 or 4 around with similar drawbacks....
2007-07-16 03:21:21 · answer #1 · answered by treving 42 6 · 1⤊ 0⤋
The concept has been around for years, but it simply seems to be a fancy debit card. As payment of goods and services evolves, it may be that tradtional credit/debit cards will be phased out for an Electron-styled card. But I don't forsee this happening in the near future.
2007-07-14 05:54:02 · answer #2 · answered by Zombie Birdhouse 7 · 0⤊ 0⤋
Because it is new and costly to establish in a retailer's system if it is not already present. Eventually,it will become more popular and less expensive to introduce to the retailers.
2007-07-19 16:24:51 · answer #3 · answered by H. A 4 · 0⤊ 1⤋