[cycrutchfield]

It’s too late. Much of that extra savings on fraud protection has already been funneled back to the card owner in the form of cash back or reward points. Not a whole lot can be done to break that unless the government comes in and legislates something as they do in Europe.

[C1sc0cat]

The benefit went entirely to the merchant the consumer lost out in the EU

[alisonkisk]

If your merchants are charging monopoly prices then you need antitrust enforcement.