Europe vs Visa & Mastercard: The $24 Trillion Payments Shift
europeanbusinessmagazine.com
Europe is building its own payments system and reducing reliance on Visa and Mastercard. Here’s why the $24 trillion shift matters now.
  • Zink@programming.devEnglish
    1·
    2 months ago

    Hello, friends in civilized lands, especially those of you who work at financial institutions…

    Some of us in the states are excited to watch you do some damage to the entrenched middlemen that have been skimming from all of us for so long. Please do consider letting us sign up for the new stuff. Our money is still worth something, for now!

    • BranBucket@lemmy.worldEnglish
      1·
      2 months ago

      Seconded.

      i would gladly make the switch if for no other reason than just playing a tiny part in screwing over Visa and MasterCard.

      Why? Cause fuck em! That’s why!

    • BanMe@lemmy.worldEnglish
      0·
      2 months ago

      I agree 100% but also this is like when you watch your brother punch your dad to make him stop hitting your mom, and you know you’re going to get the shit kicked out of both of you later for it.

      …unless one of your grabs the crowbar and goes for broke…

      Hey blue states…

  • Eager Eagle@lemmy.worldEnglish
    1·
    2 months ago

    reminds me when Brazil launched their Pix payment system nationwide, which is free for individuals, and the US launched an investigation into unfair trading

    potential unfair advantaging of Brazilian payment services over US competitors was cited

    Brazilian President Luiz Inácio Lula da Silva has accused US president Donald Trump of being “bothered by Pix” because it “will put an end to credit cards”

    lol get rekt

  • spaghettiwestern@sh.itjust.worksEnglish
    1·
    2 months ago

    I wonder how many trillions of dollars the Trump dumpster fire will end up costing American business.

    You’d think our corporate overlords would remove him.