Here's a striking snapshot of Europe's payment infrastructure: over 61% of all card transactions across the continent flow through international card schemes—primarily Visa, Mastercard, and ApplePay. Even more revealing, thirteen EU member states have zero domestic alternatives and are completely locked into these US-dominated payment networks for their electronic transactions. This data from the ECB underscores a critical vulnerability in Europe's financial sovereignty and raises questions about alternatives in an increasingly digital economy.
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FomoAnxiety
· 01-22 18:15
Europe is locked out by the US payment networks, which is really outrageous...
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0xLuckbox
· 01-21 21:34
ngl Europe is completely dominated by the US payment system... 61% of transactions go through Visa and MC, how outrageous is that?
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TopEscapeArtist
· 01-19 18:55
61% flows abroad? Europe, this is a complete technical breakdown, no stop-loss level.
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PanicSeller
· 01-19 18:55
Europe has been blocked by American payment giants, and this issue should have been reflected on long ago.
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AlphaLeaker
· 01-19 18:51
NGL, Europe's current situation of being financially throttled by the US is really dire... 61% of transactions are flowing to Visa and other companies, and there are 13 countries with no alternative solutions at all? That's outrageous.
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OnChainDetective
· 01-19 18:42
61%? That number looks suspicious; I need to dig deeper into the backend data... 13 member countries with zero replacement plans? This is a classic case of the standard fund flow being locked, and the US has played this move perfectly.
Here's a striking snapshot of Europe's payment infrastructure: over 61% of all card transactions across the continent flow through international card schemes—primarily Visa, Mastercard, and ApplePay. Even more revealing, thirteen EU member states have zero domestic alternatives and are completely locked into these US-dominated payment networks for their electronic transactions. This data from the ECB underscores a critical vulnerability in Europe's financial sovereignty and raises questions about alternatives in an increasingly digital economy.