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A comment on Europe's $24T Breakup with Visa and Mastercard Has Begun. Parent comment

Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by port11 on Tuesday February 10, 2026 @04:15PM (#46967037)
I don’t see why they can’t just piggyback on existing, proven solutions such as Bancontact, Carte Bleu, etc., which are all based on a card running on its own network. If it’s app-based, we’re excluding quite some citizens from it.
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Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by skywal_l on Tuesday February 10, 2026 @04:19PM (#46967080)
Visa bought Carte Bleue in 2011. Yep.
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Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by fransje26 on Wednesday February 11, 2026 @04:59AM (#46973071)
Nice... /s

I thought Carte Bleue no longer existed?

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Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by port11 on Wednesday February 11, 2026 @03:19PM (#46980342)
The selling of sovereign infrastructure to foreign actors is a failure of regulation. I’m baffled as to why that was approved.
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Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by hocuspocus on Wednesday February 11, 2026 @05:44AM (#46973392)
Some of these are 40+ years old.

It makes sense to build upon modern SEPA payment rails and focus on mobile wallets. Europe has always been on the forefront (Swish, Vipps, ...) and we have entire generations of consumers who barely if ever use plastic cards.

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