3 ms·
67m people in UK in a far more homogenous market. US is a lot more complicated, has a lot more legacy and more parties to get anything done. See e.g. the slug
by richardw 3y ago
67m people in UK in a far more homogenous market. US is a lot more complicated, has a lot more legacy and more parties to get anything done.
See e.g. the sluggish move to chip and pin, sluggish death of checks, slow move to real-time payments. Hard to turn a supertanker with many states and thousands of banks.