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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun (europeanbusinessmagazine.com)
submitted 9 months ago by to c/technology@lemmy.world
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[–] 148 points 9 months ago* (3 children)

reminds me when Brazil launched their Pix payment system nationwide, which is free for individuals, and the US launched an investigation into unfair trading

potential unfair advantaging of Brazilian payment services over US competitors was cited

Brazilian President Luiz Inácio Lula da Silva has accused US president Donald Trump of being "bothered by Pix" because it "will put an end to credit cards"

lol get rekt

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  • [–] 49 points 9 months ago (2 children)

    Against what? Against consumers that don't need to pay fees? Against the Brazilian government who is behind the pix?

    Poor US companies with billionaires yatches bills to be paid.

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  • [–] 14 points 9 months ago* (1 child)

    Becoming independent from the US empire‘s dollar or oil is a serious crime that gets punished with dictatorship. It‘s no coincidence the US is launching a cascade of fascist think tanks and lobby groups against Europe right now.

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