Forums › Payment cards › American Express › US cardholder benefits vs rest of the world › Reply To: US cardholder benefits vs rest of the world
In plain terms US credit cards make more money from each transaction. CC penetration in the country is also very high.
Plus much higher percentage of people pays fees and interests to the CC companies making them richer. They can take risk or offer bonanzas.
I still see young people in London paying by debit!
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