Credit cards give the consumer convenience. According to Kevin Foster “the most important development in payments during the last half century have shifted from paper to electronic payments.” This gives consumers a way to pay their bills out of the convenience of their own homes at their own convenience. Paying by credit card from the convenience of their homes also gives …show more content…
Just about everyplace accepts credit cards. This gives the consumer of tracking what they spend and where. Credit cards make it too easy to spend money. Just swipe the card and you can bring home the latest smart phone/tools/clothes. It’s much harder for us to let go of our hard earned cash. The physical action of handing over cash to someone else is a lot more difficult than swiping a card. Try handing over $100 cash for a pair of shoes. It’s much more painful than just swiping a