Europe@feddit.orgEnglish · 17 days ago

Europe Is Breaking Up With Visa and Mastercard — and It’s a $24 Trillion Problem

europeanbusinessmagazine.com

cross-posted to:
europe@feddit.org

Europe Is Breaking Up With Visa and Mastercard — and It’s a $24 Trillion Problem

europeanbusinessmagazine.com

rose56@lemmy.zip to

Europe@feddit.orgEnglish · 17 days ago

cross-posted to:
europe@feddit.org

Europe vs Visa & Mastercard: The $24 Trillion Payments Shift

europeanbusinessmagazine.com

Europe is building its own payments system and reducing reliance on Visa and Mastercard. Here’s why the $24 trillion shift matters now.

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17 days ago
I don’t know much about the payment processors but I would assume Visa and MasterCard run on their own hardware? Or are they also tied to a cloud provider these days?

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