France’s CB Payments Network Aims to Take on Visa/Mastercard in EU

This story raises questions about governance, accountability, and American values.

Source: Pymnts
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France’s CB Payments Network Aims to Take on Visa/Mastercard in EU
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French payments network CB reportedly hopes to lead a Europe-based campaign against Visa and Mastercard. That’s according to a report Sunday (April 19) from the Financial Times (FT), which says this effort is happening as European Union (EU) officials express concern that the two payment companies’ dominance could be used against the region.

Philippe [...] The post France’s CB Payments Network Aims to Take on Visa/Mastercard in EU appeared first on PYMNTS.com .

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