NorskSud@lemmy.pt to

Europe@feddit.orgEnglish · 2 days ago

European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

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European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

NorskSud@lemmy.pt to

Europe@feddit.orgEnglish · 2 days ago

US payment processing companies account for about two-thirds of card transactions in Eurozone

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DreasNil@feddit.nu
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1 day ago
I just find it crazy that they cannot make this happen before 2029…
- nao@sh.itjust.works
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  On the one hand, can’t wait for it, on the other, hope they don’t rush it and rather get it right
- Ontimp@feddit.org
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  This is the most recent update report on the ECB’s ongoing work to establish a rulebook: https://www.ecb.europa.eu/euro/digital_euro/timeline/profuse/shared/pdf/ecb.derdgp251030_RDG_progress_report_October_25.en.pdf?d978acf24c059027f1372a4f42155ac9
  
  Turns out it’s a pretty massive undertaking that could tank the economy if you get it wrong, so I can see how it might take a few more years

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