4 ms·

I don't really understand your point, neither do I understand the change: Maestro and V-PAY already _are_ owned by those two companies, and are debit cards. Wh

I don't really understand your point, neither do I understand the change: Maestro and V-PAY already _are_ owned by those two companies, and are debit cards. What changes with Mastercard/Visa debit?

jacquesm 5y ago
That it erodes the position of EU banks in favor of Visa and Mastercard. I have no problem with them facilitating the tech, but I do have a problem with them usurping the position of the banks. The EU is already too dependent on the United States in this manner, no need to make it worse.