Breaking US Payment Dominance: How the Rift Between the ECB and Banks Hampers Europe's Financial
Europe is currently facing one of the most critical crossroads in its modern financial history. Amid rising geopolitical tensions, the fragmentation of the global order, and a rapid transition to a digital economy, the European Union (EU) has realized a massive structural vulnerability: a heavy reliance on foreign payment infrastructure, particularly giant corporations from the United States. The effort to break free from the grip of entities like Visa, Mastercard, Apple Pay, and PayPal has beco
