Europe builds its own payments system to challenge Visa and Mastercard

Al Jazeera English7 hours ago2:30

US credit card companies Visa and Mastercard have hundreds of millions of users in the European Union. But as European governments rethink their dependence on an unpredictable ally, some banks are trying to challenge the dominance of American operators. Al Jazeera’s Rosie Birchard is in Brussels with more on Europe’s push for payment sovereignty. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://X.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #EuropeanPayments #Visa #Mastercard #PaymentSovereignty #DigitalEuro #EU #Brussels #Europe #ECB #EuropeanSovereignty #Payments #AlJazeeraEnglish

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