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A comment on No cookie consent walls, scrolling isn’t consent, says EU data protection body. Parent comment

Re:No cookie consent walls, scrolling isn’t consent, says EU... by Tuna-Fish on Wednesday May 06, 2020 @04:15PM (#23095758)
Not because they are better at fraud detection, but because US issuers levy much higher fees from their customers across the board and so can eat more fraud-related losses.
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Re:No cookie consent walls, scrolling isn’t consent, says EU... by afurculita on Thursday May 07, 2020 @08:32AM (#23102210)
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.
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