The European Union wants to break free from Visa, Mastercard, PayPal, and AliPay.

American parties currently dominate European payment transactions. A group of banks, including ING, ABN and Rabo, want to change that by transforming iDeal into a general payment method.

The operator of the Wero mobile payment system advocates cooperation between European market players in the face of US and Chinese heavy goods vehicles, after recent dissonances.

The sixteen shareholder banks in the European electronic portfolio Wero want to strengthen the independence of payments, an industry dominated by the Americans.

The European Union wants to break free from Visa, Mastercard, PayPal, and AliPay.

In a major financial initiative, the European Union has announced plans to develop a new digital payment system aimed at reducing dependence on international giants like Visa, Mastercard, PayPal, and AliPay. This ambitious strategy could reshape Europe's payment landscape and enhance financial sovereignty across the continent. How Europe plans to…

Wero, the instant payment solution supported by sixteen major players, is currently navigating among challenges of adoption and fierce competition, while he aspires to redefine transactions in Europe and counter global giants.