Europe seeks own digital-payment systems to bypass US giants Visa and Mastercard (euobserver.com)
0xBASE INTEL BRIEF
- Europe developing own payment systems to bypass Visa and Mastercard.
- Aims to lower transaction fees and boost financial sovereignty.
- Key projects include digital euro and EPI.
"Europe is developing its own digital payment systems to reduce reliance on US credit card giants Visa and Mastercard. The initiative aims to lower transaction fees and strengthen financial sovereignty. Plans include a pan-European system covering both online and offline payments."
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