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Re:Mastercard sued for $19B in Britain's biggest damages claim by Veratyr on Friday September 09, 2016 @02:00PM (#12464599)
The US has larger rewards programs (one of my cards gives me 2% cashback) and the US has a far higher fraud rate due to their archaic processing systems. Europe has been using EMV with PIN for about a decade so has lower fraud and doesn't have the same rewards programs, meaning costs are lower.

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