EU Seeks to Ditch U.S. Payment Giants like Visa, PayPal and Mastercard

European Central Bank President Christine Lagarde has called for the European Union to break away from dependence on American financial platforms such as Visa, Mastercard, PayPal, and even China’s Alipay. She emphasized the need for Europe to establish its own financial infrastructure under full European control.

AC

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.