Christine Lagarde, President of the European Central Bank, calls for the EU to create its own digital payment platform to lessen dependence on U.S. and Chinese systems like Visa and Alipay, highlighting the need for financial sovereignty and security in Europe.
'March to independence': Christine Lagarde wants EU to ditch Visa, Mastercard for own platform
Speaking on The Pat Kenny Show, Lagarde underscored Europe’s dependence on foreign digital payment infrastructure. “Visa, MasterCard, PayPal and Alipay are all controlled by American or Chinese compan...
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April 6, 2025 at 9:14 PM