Can Europe wean itself off US credit card firms?

www.dw.com

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Can Europe wean itself off US credit card firms?

www.dw.com

Nemeski@lemm.ee to

Europe@feddit.orgEnglish · 8 months ago

Can Europe wean itself off US credit card firms? – DW – 05/03/2025

www.dw.com

Visa, Mastercard, and PayPal dominate the cashless payments landscape in the EU and the European Central Bank warns about the region's reliance on US payment giants. But what alternative does Europe have?

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8 months ago
TIL VISA is actually a US company.

Visa is probably the most common in the EU? We’d need a replacement for that.

… oh, Germany already has it, with 70% marketshare!

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