this post was submitted on 10 Feb 2026
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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun (europeanbusinessmagazine.com)
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[–] Semi_Hemi_Demigod@lemmy.world 4 points 1 week ago

It could be a government owned corporation with a maximum fee structure determined by the EU Parliament.

The details need to be worked out but for sovereignty and power projection this feels like it has legs. And it would be a lot better than yet another privately owned processor.