Can Europe wean itself off US credit card firms?

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Can Europe wean itself off US credit card firms?

www.dw.com

Nemeski@lemm.ee to

Europe@feddit.orgEnglish · 1 day ago

cross-posted to:
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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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Observant_Owlbear@feddit.org
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There are good solutions and next year will hopefully iterate on that. Read into PSD2 and PSD3.
- Evotech@lemmy.world
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  Yeah, every single European bank is hard at work implementing these directives. I’ve been working on that myself with many companies

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