A new world payments order? Europe’s bid to move away from US-China dominance
President of the European Central Bank (ECB), Christine Lagarde, recently spoke about Europe’s overreliance on US and Chinese payment firms in the midst of an ongoing trade war between the two nations. Lagarde highlighted the influence US card processing networks such as Mastercard and Visa have on European consumers, as well as the payment processing … Continue reading A new world payments order? Europe’s bid to move away from US-China dominance
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