Can Europe be without Visa and Mastercard? – level 1
09-03-2026 15:00
Most people in Europe use Visa or Mastercard when they pay with a card. These companies come from the United States. EU leaders think that this is a problem. Europe uses a foreign system for payment. They want a European system.
Wero is a new digital wallet from European banks. It uses a bank transfer. This can save money and keep data in Europe. Many people in Germany, France, and Belgium already use it.
Leaders say that a payment system is very important. They want Europe to have more control and save money. They think that their own payment system makes Europe stronger.
Difficult words: foreign (from another country), payment (when you give money to buy something), wallet (a small case for money and cards).
What benefits do EU leaders anticipate from replacing foreign card systems with a European payment system like Wero?
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