Goodbye Visa and Mastercard: 130M Europeans Switching to Sovereign Payment (lesnumeriques.com)

• 130 million Europeans switching to a sovereign payment system.
• Alternative to Visa and Mastercard, likely the European Payments Initiative (EPI).
• Aims for financial autonomy and lower transaction costs.

"A new European payment system is gaining traction. Reportedly, 130 million consumers in the EU are switching from Visa and Mastercard to a homegrown, sovereign alternative. This shift, likely driven by initiatives like the European Payments Initiative (EPI), aims to reduce financial reliance on US networks, lower transaction costs, and enhance data privacy."