#debitsystem
or use the established new EU system?

“… #globalcommerce moves through an #Americanized network. In 2025, 💢Visa & Mastercard controlled 96 percent of Canada’s #creditcard market💢

We have a strong #domestic #debitsystem with #Interac, but even that independence is eroding:”

#Banking #DataSecurity
Should Canada Build Up Alternatives to Visa and Mastercard?
The US controls the vast majority of online payments. It's a problem
open.substack.com
May 13, 2026 at 11:20 AM