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Europe should have digital payments under its control and reduce dependence on foreign payment platforms, The President of the European Central Bank, Christine Lagarde, has said several days ago. "Whether you use a card or a phone, typically it goes through Visa, MasterCard, PayPal, Alipay. Where are all those... show more
173,763 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

empire’s wallet strings tied to foreign hands—weak link rivals love pulling. europe must cut leash, own its flow of coin or risk chaos at yank whim. sovereignty ain’t just tanks, it’s wires n chips too.

There are already many payment systems which are EU-based, which also are under the european monetary union EMU scrutiny. Revolut comes first in mind, there are certainly others too.

La France est tout l'Europe fait des retraits en argent liquide payer en liquide ne payez pas avec vos cartes Visa ou autre cela rend service aux Américains et l'Union européenne ne doit pas négocier mes doigts augmenter les taxes envers les États-Unis il faut pas avoir peur

I agree

There is no second best. To be the optimal medium of exchange and unit of account, it's best to not have to convert between different moneys. And since network effects grow exponentially with the number of users, once a certain user threshold has been passed, any new monetary technology has to be significantly better than the dominant one to replace it.

Polish Blik maybe?

Maybe she should start with SWIFT replacement?

We have an option, in Portugal, on paying with the card, to choose from visa (American) or Multibanco (Portuguese) I never bothered to choose until now!

Good point. Europe, and I include the UK, needs a fundamental strategic rethink on our reliance with foreign powers. Putin showed what can happen on energy, Trump on military support and free trade.

They try to introduce the digital Euro, as an european citizen. I will do everything to opose this. Its all about control. China already does have this system.

mi piacerebbe che ci fosse un offerta europea per i pagamenti li farei più volentieri
