Australia’s Rewards Cuts Are a Warning Shot for U.S. Card Issuers
Credit card managers and consumers need to keep an eye on regulatory developments and market trends abroad because the payments business operates as a global network. Australia is a perfect example, as are the Canadian and European markets. With a population of about 28 million—closer in size to Texas (32 million) than Florida (24 million)—Australia is […] The post Australia’s Rewards Cuts Are a Warning Shot for U.S. Card Issuers appeared first on PaymentsJournal .
Credit card managers and consumers need to keep an eye on regulatory developments and market trends abroad because the payments business operates as a global network. Australia is a perfect example, as are the Canadian and European markets. With a population of about 28 million—closer in size to Texas (32 million) than Florida (24 million)—Australia is […] The post Australia’s Rewards Cuts Are a Warning Shot for U.S. Card Issuers appeared first on PaymentsJournal .