I realize that this may be construed as biased, but here are my thoughts...
Consumers want a product and they will find a way to pay for it. Yes, credit cards are the primary payment vehicle, although it is clear that they have been losing ground for several years.
Credit cards are, in fact, credit. It is much more palatable to spend money that you do not necessarily have to repay immediately. The world is a credit driven society, especially in the US which is the major consumer base.
Every credit card holder in the US has a checking account. There are also 10's of millions of ppl in the US that do not have a credit card but do have a checking account.
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