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Chris Trottier

@cendawanita @brennansv In Canada, there’s a service called Interac. It behaves like a credit card, and even gives you a credit card number, but it debits your bank account. You can use Interac with Apple Wallet. However, it’s useless for traveling.

5 comments
Dendan Setia (Nins)

@atomicpoet
Is this similar? bigpayme.com/en-my/

I use this a lot when travelling because it's an ewallet but the credit card is basically a debit card, and because it deducts from the wallet i have another layer of protection so it doesn't harm my actual savings. (And i can reload with my credit card balance)
@brennansv

Dendan Setia (Nins)

@atomicpoet
Ohhhh this one would be more of our JomPay (another multilingual silly name) which also piggybacks on our IBG (interbank) transfer mechanism
@brennansv

Brennan Stehling

@atomicpoet @cendawanita I used travelers checks on one trip many years ago. These days I’d like to load up a digital wallet with whatever crypto is used at my destination and just use that. No exchange fees or conversions needed. I’ve gone to festivals where you can only get food and drinks using the tickets you buy from the organizers. It would be sort of like that, but a digital currency. I’ve read of this sort of system being created already but have never seen it in use.

Oblomov

@atomicpoet @cendawanita @brennansv Most banks in Europe give you a card that works both as a credit card and as the common debit & prepaid card standard (Bancomat). The credit side is also associated with your bank account, so it's usually covered automatically at the end of the month unless this would result in an overdraw.

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