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  3. European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

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  • European News 🇪🇺E This user is from outside of this forum
    European News 🇪🇺E This user is from outside of this forum
    European News 🇪🇺
    wrote last edited by
    #1

    European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

    US payment processing companies account for about two-thirds of card transactions in Eurozone

    (https://archive.ph/Oqs7X)

    https://www.ft.com/content/fcc215bb-b7b8-4a62-87ed-03f603eb3d14

    砂漠人 :hyogo: x 🏜️S Dmian 🇪🇺D BrokarB RegR 4 Replies Last reply
    1
    0
    • European News 🇪🇺E European News 🇪🇺

      European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

      US payment processing companies account for about two-thirds of card transactions in Eurozone

      (https://archive.ph/Oqs7X)

      https://www.ft.com/content/fcc215bb-b7b8-4a62-87ed-03f603eb3d14

      砂漠人 :hyogo: x 🏜️S This user is from outside of this forum
      砂漠人 :hyogo: x 🏜️S This user is from outside of this forum
      砂漠人 :hyogo: x 🏜️
      wrote last edited by
      #2

      @eunews indeed! this please.

      1 Reply Last reply
      0
      • European News 🇪🇺E European News 🇪🇺

        European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

        US payment processing companies account for about two-thirds of card transactions in Eurozone

        (https://archive.ph/Oqs7X)

        https://www.ft.com/content/fcc215bb-b7b8-4a62-87ed-03f603eb3d14

        Dmian 🇪🇺D This user is from outside of this forum
        Dmian 🇪🇺D This user is from outside of this forum
        Dmian 🇪🇺
        wrote last edited by
        #3

        @eunews Digital Euro FTW! And instant payment methods, like the ones proposed by the European Mobile Payment Systems Association and other EU bank associations.

        1 Reply Last reply
        0
        • European News 🇪🇺E European News 🇪🇺

          European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

          US payment processing companies account for about two-thirds of card transactions in Eurozone

          (https://archive.ph/Oqs7X)

          https://www.ft.com/content/fcc215bb-b7b8-4a62-87ed-03f603eb3d14

          BrokarB This user is from outside of this forum
          BrokarB This user is from outside of this forum
          Brokar
          wrote last edited by
          #4

          @eunews They had decades to come up with something.
          But money is precious and no bank wanted to rush forward because there was no urge to do so.
          The second mark they missed was the discontinuation of Maestro.
          Now they're crying.
          Neither the banks nor the EU did anything regarding that topic.
          All those complaining right now should be fired because they were part of the situation we're in right now.

          doboprobodyneD 1 Reply Last reply
          0
          • European News 🇪🇺E European News 🇪🇺

            European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

            US payment processing companies account for about two-thirds of card transactions in Eurozone

            (https://archive.ph/Oqs7X)

            https://www.ft.com/content/fcc215bb-b7b8-4a62-87ed-03f603eb3d14

            RegR This user is from outside of this forum
            RegR This user is from outside of this forum
            Reg
            wrote last edited by
            #5

            @eunews

            The EU is currently trying to do all the same things that the BRICS has already done for pretty much the same reasons.

            1 Reply Last reply
            0
            • BrokarB Brokar

              @eunews They had decades to come up with something.
              But money is precious and no bank wanted to rush forward because there was no urge to do so.
              The second mark they missed was the discontinuation of Maestro.
              Now they're crying.
              Neither the banks nor the EU did anything regarding that topic.
              All those complaining right now should be fired because they were part of the situation we're in right now.

              doboprobodyneD This user is from outside of this forum
              doboprobodyneD This user is from outside of this forum
              doboprobodyne
              wrote last edited by
              #6

              @Brokar @eunews
              I would settle for one of those Taiwanese railway RFID prepaid charge-card widgets. KISS!

              https://hackaday.com/2026/01/28/the-fancy-payment-cards-of-taiwan/

              #banking #sovereignty #paymentProcessors #europe

              olderO 1 Reply Last reply
              0
              • doboprobodyneD doboprobodyne

                @Brokar @eunews
                I would settle for one of those Taiwanese railway RFID prepaid charge-card widgets. KISS!

                https://hackaday.com/2026/01/28/the-fancy-payment-cards-of-taiwan/

                #banking #sovereignty #paymentProcessors #europe

                olderO This user is from outside of this forum
                olderO This user is from outside of this forum
                older
                wrote last edited by
                #7

                @doboprobodyne

                Or a QR code payment system like those popular in Asia. There is a proposal to make it a standard there:
                https://en.wikipedia.org/wiki/ASEAN_Integrated_QR_Code_Payment_System

                @Brokar @eunews

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