The Effect of Interchange Regulation on Credit Card Rewards

Consumers worldwide use credit cards, but due to differences in regulatory requirements, not all have access to the same rewards and benefits as Americans. While those in favor of creating new credit card routing mandates claim that rewards would go on as usual for US consumers, the facts are that no matter the country, when unnecessary regulatory burdens are placed on consumers’ cards, the rewards quickly evaporate. Keep reading below to learn more.