Also European merchants who need to accept payments from non-Europeans need to accept Visa and Mastercard.
Of course but they can support an EU standard as well. It's not mutually exclusive.
The big benefit is that all internal EU card transactions are no longer routed via US companies which is quite ridiculous.
Of course but they can support an EU standard as well. It's not mutually exclusive.
The big benefit is that all internal EU card transactions are no longer routed via US companies which is quite ridiculous.