Yes I really meant "cards" rather than specifically "credit cards". An AFAIK France doesn't really make a difference between debit and credit cards, that's a concern between clients and their banks.
We're spending money that hasn't been earned yet, and there is a lot of space to disrupt that as the industry is held by legacy companies who give out credit.
To an extent, overdraft is a thing on debit cards.
> We're spending money that hasn't been earned yet, and there is a lot of space to disrupt that as the industry is held by legacy companies who give out credit.
But Square isn't in that business, they're in the business of ferrying money between the consumer and the provider of goods and services.