Visa (NYSE:V) is under growing pressure in Europe as regulators and banks push to reduce reliance on U.S. payment networks.

The EPI, whose members include BNP Paribas and Deutsche Bank, launched a European alternative to Apple Pay called Wero in ...

Visa and Mastercard made up almost two-thirds of card transactions in the eurozone in 2022, according to the European Central ...

Europe is raising serious concerns about how everyday payments are handled across the eurozone. Most card payments depend on companies based outside Europe, and banking leaders say this dependence has ...

Europe must "urgently" reduce its reliance on U.S. payment processing companies such as Visa (V) and Mastercard (MA), the ...

A new European payment system led by Wero is set to roll out in Europe, offering an alternative to Visa and Mastercard across Europe from 2026.