Re:Credit Card Debt Collection
by PeterisP on Wednesday September 13, 2023 @11:34AM
(#37498165)
Interchange fees are a feature of all major card platforms (Visa, Mastercard, Amex, etc), however the fees have been regulated and limited in Europe, with credit card interchange fee being capped at 0.3% and the total merchant cost for cards generally being <1%. But, of course, that also means that there really isn't free money for any meaningful "rewards game" for EU cards.
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