CAVOK@lemmy.world to

Europe@feddit.orgEnglish · 1 month ago

The EU Seeks to Break Its Dependence on Visa, Mastercard Rails

www.paymentsjournal.com

6

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The EU Seeks to Break Its Dependence on Visa, Mastercard Rails

www.paymentsjournal.com

CAVOK@lemmy.world to

Europe@feddit.orgEnglish · 1 month ago

6

The ECB has reaffirmed its ambition to reduce reliance on non-European payment systems, most notably the networks of Visa and Mastercard

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dubyakay@lemmy.ca
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1 month ago
I work in fintech, and the way VISA and Mastercard (and Amex to a certain degree) just skim every transaction, along with the payment gateways, is disgusting. Online payments should be a national utility or supra-national entity, not-for-profit.

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