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.
  • username_1@programming.devEnglish
    215·
    28 days ago

    I don’t see how breaking up with US payment systems is a problem, let alone a 24 trillion problem. Sounds like something good. The article (don’t laugh, but I have read it) states the same.

    • Ginny [they/she]@lemmy.blahaj.zoneEnglish
      10·
      28 days ago

      I feel like whoever wrote the headline fucked it up, because the article reads more like that Visa/MasterCard payments are a 24 trillion problem, and wero is a potential solution.

    • PieMePlenty@lemmy.worldEnglish
      3·
      27 days ago

      Because its relative. Its good for the EU because it’s taking that market back, its bad for the US because its losing that market.