Europe's $24T Breakup with Visa and Mastercard Has Begun
NewCzech Tuesday, February 10, 2026
Summary
The European Union is taking steps to reduce its reliance on the major credit card networks Visa and Mastercard, with the goal of creating a homegrown alternative payment system that would give the EU more control over cross-border transactions and reduce fees charged to merchants and consumers.
4
0
Summary
europeanbusinessmagazine.com