what.if.ua lemmit
  • Communities
  • Create post
  • Create community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
rose56@lemmy.zip to Europe@feddit.orgEnglish · 3 days ago

Europe Is Breaking Up With Visa and Mastercard — and It’s a $24 Trillion Problem

europeanbusinessmagazine.com

external-link
message-square
106
link
fedilink
  • cross-posted to:
  • europe@feddit.org
  • buyeuropean@feddit.uk
  • technology@lemmy.world
  • futurology@futurology.today
498
external-link

Europe Is Breaking Up With Visa and Mastercard — and It’s a $24 Trillion Problem

europeanbusinessmagazine.com

rose56@lemmy.zip to Europe@feddit.orgEnglish · 3 days ago
message-square
106
link
fedilink
  • cross-posted to:
  • europe@feddit.org
  • buyeuropean@feddit.uk
  • technology@lemmy.world
  • futurology@futurology.today
Europe vs Visa & Mastercard: The $24 Trillion Payments Shift
europeanbusinessmagazine.com
external-link
Europe is building its own payments system and reducing reliance on Visa and Mastercard. Here’s why the $24 trillion shift matters now.
  • username_1@programming.dev
    link
    fedilink
    English
    arrow-up
    229
    ·
    3 days ago

    I don’t see how breaking up with US payment systems is a problem, let alone a 24 trillion problem. Sounds like something good. The article (don’t laugh, but I have read it) states the same.

    • silver@das-eck.haus
      link
      fedilink
      English
      arrow-up
      181
      ·
      3 days ago

      This guy read the article before he commented, everyone laugh at him!

      • username_1@programming.dev
        link
        fedilink
        English
        arrow-up
        66
        ·
        3 days ago

        You’re not better: you have read a comment in full before answering to it. Shameful!

        • fisch@lemmy.world
          link
          fedilink
          English
          arrow-up
          41
          arrow-down
          1
          ·
          3 days ago

          Wait, you guys can read?

          • Kissaki@feddit.org
            link
            fedilink
            English
            arrow-up
            3
            ·
            2 days ago

            Thanks for asking, the weather is pretty nice today.

          • SkaveRat@discuss.tchncs.de
            link
            fedilink
            English
            arrow-up
            13
            ·
            3 days ago

            I can’t even write

            • MrShankles@reddthat.com
              link
              fedilink
              English
              arrow-up
              18
              ·
              3 days ago
          • Zink@programming.dev
            link
            fedilink
            English
            arrow-up
            3
            ·
            3 days ago

            And my axe!

        • Che Banana@beehaw.org
          link
          fedilink
          English
          arrow-up
          4
          ·
          3 days ago

          Am so better!

          edit: tldr

      • Goun@lemmy.ml
        link
        fedilink
        English
        arrow-up
        3
        ·
        3 days ago

        With this economy!

      • CapuccinoCoretto@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        3 days ago

        Ha ha!

    • Ginny [they/she]@lemmy.blahaj.zone
      link
      fedilink
      English
      arrow-up
      10
      ·
      2 days ago

      I feel like whoever wrote the headline fucked it up, because the article reads more like that Visa/MasterCard payments are a 24 trillion problem, and wero is a potential solution.

    • wonderingwanderer@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      18
      ·
      3 days ago

      It’s a problem for visa and mastercard, I guess 🤷‍♀️ certainly not for Europe…

    • PieMePlenty@lemmy.world
      link
      fedilink
      English
      arrow-up
      3
      ·
      2 days ago

      Because its relative. Its good for the EU because it’s taking that market back, its bad for the US because its losing that market.

Europe@feddit.org

europe@feddit.org

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !europe@feddit.org

News and information from Europe 🇪🇺

(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)

Rules (2024-08-30)

  1. This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don’t overly distort the content.
  2. No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
  3. Be kind to each other, and argue in good faith. Don’t post direct insults nor disrespectful and condescending comments. Don’t troll nor incite hatred. Don’t look for novel argumentation strategies at Wikipedia’s List of fallacies.
  4. No bigotry, sexism, racism, antisemitism, islamophobia, dehumanization of minorities, or glorification of National Socialism. We follow German law; don’t question the statehood of Israel.
  5. Be the signal, not the noise: Strive to post insightful comments. Add “/s” when you’re being sarcastic (and don’t use it to break rule no. 3).
  6. If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
  7. Light-hearted content, memes, and posts about your European everyday belong in other communities.
  8. Don’t evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
  9. No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
  10. Always provide context with posts: Don’t post uncontextualized images or videos, and don’t start discussions without giving some context first.

(This list may get expanded as necessary.)

Posts that link to the following sources will be removed

  • on any topic: Al Mayadeen, brusselssignal:eu, citjourno:com, europesays:com, Breitbart, Daily Caller, Fox, GB News, geo-trends:eu, news-pravda:com, OAN, RT, sociable:co, any AI slop sites (when in doubt please look for a credible imprint/about page), change:org (for privacy reasons), archive:is,ph,today (their JS DDoS websites)
  • on Middle-East topics: Al Jazeera
  • on Hungary: Euronews

Unless they’re the only sources, please also avoid The Sun, Daily Mail, any “thinktank” type organization, and non-Lemmy social media (incl. Substack). Don’t link to Twitter directly, instead use xcancel.com. For Reddit, use old:reddit:com

(Lists may get expanded as necessary.)

Ban lengths, etc.

We will use some leeway to decide whether to remove a comment.

If need be, there are also bans: 3 days for lighter offenses, 7 or 14 days for bigger offenses, and permanent bans for people who don’t show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.

If you want to protest a removal or ban, feel free to write privately to the admin that applied the rule (check modlog first to find who was it.)

Visibility: public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 1.32K users / Day
  • 3.48K users / Week
  • 6.44K users / Month
  • 9.17K users / 6 months
  • 1 local subscriber
  • 10.8K subscribers
  • 1.26K Posts
  • 10.7K Comments
  • Modlog
  • mods:
  • federal reverse@feddit.org
  • poVoq@slrpnk.net
  • adr1an@programming.dev
  • !Europe Mod Team@feddit.org
  • UI: 0.19.17
  • BE: 0.19.17-modified
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org