What’s Going On In Europe With Payments?
Strategic takeaway: Europe isn’t dumping Visa and Mastercard—it’s quietly rewiring the plumbing so that, by the end of this decade, US card schemes become optional rather than existential for its domestic payments.
Question: did Europe just turn their back on VISA and Mastercard
Answer:
Not entirely, but the “breakup” has officially started. As of March 2026, Europe is making its most aggressive move in decades to end its 95% dependence on U.S. payment infrastructure.
It’s less of a sudden “turning of the back” and more of a massive, coordinated “eviction notice” through three major projects:
Article – https://kioskindustry.org/payment-trends-in-europe-with-visa-and-mastercard/
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