Visa Europe was an independent and separate company that operated Visa branded products and services within Europe.
Don’t know what the motivation was to sell it off to Visa Inc. in 2016.
peachdog3k on
Why do we urgently need alternatives? The US systems work just fine and they will not want to give up their profit for any US administration decision. And we always have cash, Giropay, the portuguese Multibanco, P24 polish. We just need to expand one of these across all EU borders.
CertainMiddle2382 on
Like Brazil central bank with Pix.
Let the ECB build the solution itself (of course the commercial banks are going to get crazy, but that is the only way).
Kaspur78 on
There are many domestic products that would scale fine to the Eurozone. Take Bancontact for instance. And that’s not even pure BE anymore, since CCV at least now also offers this in NL.
plutoisap on
Good idea 👍🏼
Untested-Truth on
India has its alternative to Visa and Mastercard. Why can’t Europe?
TheKensei on
We do have an alternative network in France called CB, cards often have the CB/Visa or CB/MasterCard logos, and CB is the default network when available. Maybe it could be expanded to Europe
9 commenti
that’s what the digital euro is for
Visa Europe was an independent and separate company that operated Visa branded products and services within Europe.
Don’t know what the motivation was to sell it off to Visa Inc. in 2016.
Why do we urgently need alternatives? The US systems work just fine and they will not want to give up their profit for any US administration decision. And we always have cash, Giropay, the portuguese Multibanco, P24 polish. We just need to expand one of these across all EU borders.
Like Brazil central bank with Pix.
Let the ECB build the solution itself (of course the commercial banks are going to get crazy, but that is the only way).
There are many domestic products that would scale fine to the Eurozone. Take Bancontact for instance. And that’s not even pure BE anymore, since CCV at least now also offers this in NL.
Good idea 👍🏼
India has its alternative to Visa and Mastercard. Why can’t Europe?
We do have an alternative network in France called CB, cards often have the CB/Visa or CB/MasterCard logos, and CB is the default network when available. Maybe it could be expanded to Europe
Love this. Bring the brand to Canada as well.