alt Hacker Newsif European governments/banks keep relying on safety verification supplied by American Google and Apple then no, they don't stand a chance
you can stop using US Visa/MC cards, but it's kinda pointless if you EU bank app still requires verification from US Google/Apple for app to run
I wish European govs would stop requiring Google Play services in Android phone and provided their own solution
The European Network for Payments (ENP) was announced last month as a challenger to the Visa/Mastercard duopoly. Time will tell, I guess...