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.
