... for low transaction values, whilst credit cards are a substitute for cash and debit cards for high transaction values. Research limitations/implications A key implication of the results is that it may be possible to persuade consumers in the study context to use electronic payments for small‐value...

... their credit. Whereas originally the introduction of the debit card was thought to threaten the use of the credit card, the opposite appears to have happened and the increasing familiarity with plastic cards payments that the debit card has engendered has produced a parallel growth in credit card transactions...

... their payment cards accepted in the widest possible range of merchant outlets. Indeed Visa and MasterCard, the two major card associations, each have over 12 million acceptance locations throughout the world, who take payment by the credit and debit cards issued under these payment facilitator marques, while...