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EU News Forge > Blog > Video > Europe builds its own payments system to challenge Visa and Mastercard
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Europe builds its own payments system to challenge Visa and Mastercard

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Last updated: October 11, 2026 2:45 pm
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1 day ago
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US credit card companies Visa and Mastercard have hundreds of millions of users in the European Union.
But as European governments rethink their dependence on an unpredictable ally, some banks are trying to challenge the dominance of American operators.

Al Jazeera’s Rosie Birchard is in Brussels with more on Europe’s push for payment sovereignty.

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#EuropeanPayments #Visa #Mastercard #PaymentSovereignty #DigitalEuro #EU #Brussels #Europe #ECB #EuropeanSovereignty #Payments #AlJazeeraEnglish

Source: Al Jazeera (video)

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