Europe aims to set up an instant payment system to taper off US players’ dominance

Europe is planning to build an improved instant payment system to taper off U.S. payment giants’ dominance across the continent. European Commission vice president Valdis Dombrovskis said at a conference on Tuesday, as reported by Reuters, that his team is planning to launch the pan-European system by the end of 2021.The post Europe aims to set up an instant payment system to taper off US players’ dominance appeared first on The Block.