2 American companies control 69% of all credit cards and debit cards in the world, these two companies could essentially plunge entire economies into recessions by pulling their services and halting all electronic business transactions.

Why have so many countries allowed their economies to be extremely dependent on foreign payment processors? Even aside from the security risk aspect, 2 foreign companies earning 1% on every electronic transaction that occurs in your country is a huge amount of money, money that is leaving your country for no good reason.