Britain plans its own payment

By 2030, Britain intends to create its own payment system to reduce dependence on American operators Visa and Mastercard. The first meeting of the heads of the country's largest banks is scheduled for February 19, The Guardian reports. According to the source, currently about 95% of card transactions in the country go through American networks. If the US disconnects Visa and Mastercard, Britain will revert to the 1950s. It is also noted that EU countries are striving to reduce dependence on these systems.

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The first meeting will be held on February 19.