The US adopted credit cards before the rest of the world, so we ended up with a worse network (essentially ossified at v1 when later adopters got v2 or v3). Co

The US adopted credit cards before the rest of the world, so we ended up with a worse network (essentially ossified at v1 when later adopters got v2 or v3). Corona paranoia incentivized upgraded to tap-to-pay, but it was already prevalent in other parts of the world. It was more ubiquitous in Singapore in 2019 than it is in the US even now.