Head of the European banking consortium: urgent need for an alternative to 'Visa' and 'Mastercard'
The head of the European Payments Initiative emphasizes the urgency of establishing a payment system independent from US companies like Visa and Mastercard due to rising dependency and geopolitical risks.
Warnings Against Europe's Reliance on American Visa and Mastercard
The CEO of the European Payments Initiative warns that Europe's dependence on American payment systems Visa and Mastercard poses significant risks.