๐ช๐บ The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
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The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
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The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
They should have blocked the EuroCard merger with Mastercard when they had the chance.
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@MAKS 25
QR code and SEPA Instant Credit Transfer(under 10 seconds). Nobody needs card operators. -
The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
@MAKS23 Bancontact for all!
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The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
@MAKS23 I hope Wero becomes that alternative.
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The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
-
The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
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@muzicofiel @MAKS23 I understand theyโve already started to bring back their gold.
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The EU has called for the "urgent" creation of alternatives to Visa and Mastercard to reduce dependence on the US.
According to Director General of the EU Banking Alliance, the dominance of US payment systems is a potential leverage point should transatlantic relations deteriorate.
As the Financial Times notes, Visa and Mastercard currently account for approximately two-thirds of card transactions in the eurozone, while 13 EU countries lack a national alternative.
@MAKS23 finally !!!! #usdigitaldetox
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