Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
- Posted on October 1, 2026
- By Fortune
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- 1 min read
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Visa and Mastercard handle nearly half of Europe’s card payments. The digital euro aims to change that
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.