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Few details have emerged about plans to create a pan-European debit card network called Monnet, which would compete with Visa Europe and MasterCard Worldwide. The European Central Bank, however, is firmly behind the creation of a scheme to create more network competition in the region.
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Visa Europe and France-based payment-services provider SAS Carte Bleue today announced the completion of a merger involving the companies’ French operations and the creation of Visa France.
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