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

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Europe@feddit.orgEnglish • 7 days ago

Can Europe wean itself off US credit card firms? – DW – 05/02/2025

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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@henfredemars@infosec.pub
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62•7 days ago
Absolutely. It’ll take effort, but we probably shouldn’t have these crazy powerful multinational credit card companies.

I write this as a US citizen. They’re way too powerful.

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