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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
(europeanbusinessmagazine.com)
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this post was submitted on 10 Feb 2026
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A lot of countries in Europe already have their own country-wide payment systems.
What we're seeing now in Europe is the stage where those multiple country-specific systems become interoperable and a new international payment system appears.
Canada only needs the kind of thing which has been not just available but actually dominant for decades in countries like The Netherlands and Portugal.