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jbz
jbz
@jbz@indieweb.social  ·  activity timestamp 16 hours ago

💳️ Europe's $24 Trillion Breakup With Visa and Mastercard

「 Wero is a private-sector initiative; the digital euro is public money. They are designed to complement rather than compete — though the overlap in ambition is obvious. Both exist because Europe’s political establishment has finally accepted that payments sovereignty is as strategically important as energy independence or defence autonomy 」

https://europeanbusinessmagazine.com/business/europes-24-trillion-breakup-with-visa-and-mastercard-has-begun/

#fintech #eu #digitalsovereignty

European Business Magazine

Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun

A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
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