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British banks plan network to rival Visa and Mastercard amid fears Trump could switch off payments​

British bank bosses will meet this week to discuss establishing an alternative national payments network to Visa and Mastercard.

The idea has gained traction as fears mount that Donald Trump could at some point turn off international payment systems for political reasons.

The meeting, chaired by Barclays UK boss Vim Maru, will bring together City figures who will fund a national payments company.

More:

https://www.msn.com/en-us/news/news...s-trump-could-switch-off-payments/ar-AA1WvGFv
 
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