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OTTAWA – Technology is making buying things easier, but credit counsellors want you to remember that paying for them is still as difficult as ever.
Jeff Schwartz, executive director of Consolidated Credit Counseling Services of Canada, says the ease with which consumers can buy things these days could spell trouble for those who have difficulty controlling their spending.
“It is allowing many consumers to avoid the harsh reality of what is going on inside their bank account or even inside their wallet,” he said.
With the expansion of Apple Pay this week, Canadians added yet another way to quickly pay for their purchases without even opening their wallets.
The addition of the big Canadian banks to the service adds to the already numerous ways shoppers have, including Interac Flash, MasterCard Tap & Go, Visa payWave, and American Contactless Payments, to pay for things quickly.
Schwartz said the physical aspect of pulling out your wallet and taking the cash out to make a purchase is very different from using a phone…

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