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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At least then no longer will be a portion of the money sent out of Europe as commission/fees.

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