Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
- Europe: 368 events in the last 90 days
- Previous: earlier the same day · Can cities cope with Europe's tourism boom? MEPs debate in a special edition of The Ring
What happened
The European Central Bank's €1.3 billion bet offers an alternative to the U.S. payments giants, but it faces an uphill battle to win over consumers, merchants, and banks.
Summary assembled by rule from the sources below