Visa Europe has been holding weekly meetings to discuss scenarios in case of a collapse of the euro zone, joining a slew of other companies preparing plans for a potential breakup of the currency bloc. Chief Commercial Officer Steve Perry said Tuesday that management at the U.K.-based credit-card company meets weekly to play out various outcomes, including a total collapse of the euro zone.
"From our perspective, we can implement new currencies at the drop of a hat," Mr. Perry told Dow Jones Newswires on the sidelines of the BRC Retail Symposium conference. "If a collapse were to happen, or an individual country were to leave the euro, we could handle that very quickly in terms of allowing people to use their cards in a payment capability."
EVERYONE IN EUROPE SHOULD GET A VISA CREDIT CARD.
1 comment:
Good time to start laser-etching those Marks of the Beast.
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