Reading up on Wero
2 deep · digging since feb 11
- Goodbye Visa and Mastercard: 130M Europeans switching to sovereign payment
European consumers are shifting to the sovereign payment system Wero, which redirects payments through banks, reducing reliance on Visa and Mastercard, but commenters debate the risks of central bank control.
- Europe's $24T Breakup with Visa and Mastercard Has Begun
The European Payments Initiative and EuroPA Alliance signed an agreement in February 2026 to create a domestic alternative to Visa and Mastercard at scale.