4 ms·
Yep. In US the interchange fee is more than 2% of the transaction. In the EU, interchange fees are capped to 0.3% of the transaction for credit cards and to 0.2
by afurculita 6y ago
Yep. In US the interchange fee is more than 2% of the transaction. In the EU, interchange fees are capped to 0.3% of the transaction for credit cards and to 0.2% for debit cards. That's why in US they have those cash back options on credit cards, that are just not possible in Europe.