Here is a good article explaining U.S. path dependence on a clearing/settlement infrastructure that's stuck in the 1970s: http://priceonomics.com/how-credit-car

Here is a good article explaining U.S. path dependence on a clearing/settlement infrastructure that's stuck in the 1970s: http://priceonomics.com/how-credit-cards-tax-america/ http://priceonomics.com/how-credit-cards-tax-america/