Wednesday, February 24, 2021

European banks plan 'home grown' rival to Visa and Mastercard by 2025

European Union and European Central Bank policymakers have long wanted a "home grown" payments scheme which they could regulate directly and build "autonomy" in core financial services. "We can bring choice to consumers but also to merchants in the future," EPI Chief Executive Martina Weimert told an online event.

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