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0 pointstallowen11y ago0 comments

These conclusions are surprising to me. I grew up in the states and lived in Canada for 4 years.

Though I agree with the lack of security offered by a signature, that method of payment is basically offered everywhere in the US. Compared to Canada its uncommon to be asked for a 5 dollar minimum purchase or a 50 cent surcharge for a credit card transaction. Furthermore, the credit limits in Canada seemed downright restrictive.

Say whatever about the security of credit cards in the US but as a consumer the product is much more compelling. I can go almost anywhere, rarely pay extra fees and easily spend all of my own money. Furthermore, why would I care about a signature? Yes its antiquated but who cares if its never used, I can charge back fraudulent charges pain free in the US which has not been my experience in Canada.

Basically, I think the user experience of paying money is really important, but chip and pin doesn't solve that problem.

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DrewAllyn11y ago

I've found that the places that typically charge fees or have minimums in Canada are the tiny asian restaurants run by immigrants, and the small corner stores. Similar places in the US are the ones I find that take cash only a lot of the time.

Credit limits in Canada start out restrictive, yes, though I've generally found that if you ask for a higher limit, they will generally grant it. I've had good credit though. That probably makes a difference.

I've been lucky enough to never need to do a chargeback in Canada or the US. Maybe it's not easy in Canada.

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