PicsArt Monthly PicsArt Monthly Magazine December Issue 2014 | Page 11

CREDIT CARDS Credit cards are becoming ubiquitous around the world. Their convenience and efficiency is astonishing. And they are usually safer than carrying wads of cash. However some societies have not adapted to credit cards. They may not have the technological mechanisms, merchants may not want to pay the high premiums or they simply are not trusted. Know this before you venture out. I have stayed at hotels where the staff would not take my cards and I had to make other arrangements to settle the bill. places that offer a substantial discount if you pay cash--due to inflation. I make most of my large purchases: airline tickets, rental cars, hotel, with credit cards because I find I spend an inordinate amount of time trying to find local banks that will accept plastic, keeping me away from taking pictures. Most day-to-day buying is done with paper. Remember credit card companies are in the business to make money on each transaction so you are usually paying extra to use these cards in foreign countries. On the other hand I have traveled to PicsArt Monthly |11