Comment by shevy-java
15 hours ago
Europeans really need to stop handing their money over to Trump-Visa and Trump-Card here. Canadians learned that lesson already. Why do european politicians not learn anything? Leyen even signed a surrender treaty where european taxpayers lose money that goes into the USA. I say stop it with the proxy-control from Washington.
Europeans have alternative payment networks already. For example, CH has Twint.
They are actively being unified into a cross-border payment network.
Of all the things to complain, this is the one where they are actually doing something…
As someone from an EU country: the only place where I use visa/MasterCard is at Amazon. Everything else I use my country's payment system, which is now joining with Italy's own and probably more in the coming years.
Digital euro clears key hurdle as EU seeks to break free from U.S. credit cards - https://en.wikipedia.org/wiki/Single_Euro_Payments_Area