A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard

It would be awesome if Canada could do this.

“Every time a European taps a card, pays online or splits a bill with friends, the transaction flows through infrastructure owned and operated by American companies.”

  • Grandwolf319@sh.itjust.works
    2·
    12 hours ago

    Would it also be an option to force companies to spin up separate entities in Europe that has isolated infrastructure?

    Not saying it’s a better solution, just curious why countries don’t force companies to break up by region.