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  3. European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

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  • eunews@mastodon.socialE This user is from outside of this forum
    eunews@mastodon.socialE This user is from outside of this forum
    eunews@mastodon.social
    wrote last edited by
    #1

    European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

    US payment processing companies account for about two-thirds of card transactions in Eurozone

    (https://archive.ph/Oqs7X)

    Client Challenge

    favicon

    (www.ft.com)

    sleepytako@famichiki.jpS dmian@mastodon.socialD brokar@mastodon.socialB reggiehere@mastodon.socialR 4 Replies Last reply
    1
    0
    • eunews@mastodon.socialE eunews@mastodon.social

      European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

      US payment processing companies account for about two-thirds of card transactions in Eurozone

      (https://archive.ph/Oqs7X)

      Client Challenge

      favicon

      (www.ft.com)

      sleepytako@famichiki.jpS This user is from outside of this forum
      sleepytako@famichiki.jpS This user is from outside of this forum
      sleepytako@famichiki.jp
      wrote last edited by
      #2

      @eunews indeed! this please.

      1 Reply Last reply
      0
      • eunews@mastodon.socialE eunews@mastodon.social

        European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

        US payment processing companies account for about two-thirds of card transactions in Eurozone

        (https://archive.ph/Oqs7X)

        Client Challenge

        favicon

        (www.ft.com)

        dmian@mastodon.socialD This user is from outside of this forum
        dmian@mastodon.socialD This user is from outside of this forum
        dmian@mastodon.social
        wrote last edited by
        #3

        @eunews Digital Euro FTW! And instant payment methods, like the ones proposed by the European Mobile Payment Systems Association and other EU bank associations.

        1 Reply Last reply
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        • eunews@mastodon.socialE eunews@mastodon.social

          European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

          US payment processing companies account for about two-thirds of card transactions in Eurozone

          (https://archive.ph/Oqs7X)

          Client Challenge

          favicon

          (www.ft.com)

          brokar@mastodon.socialB This user is from outside of this forum
          brokar@mastodon.socialB This user is from outside of this forum
          brokar@mastodon.social
          wrote last edited by
          #4

          @eunews They had decades to come up with something.
          But money is precious and no bank wanted to rush forward because there was no urge to do so.
          The second mark they missed was the discontinuation of Maestro.
          Now they're crying.
          Neither the banks nor the EU did anything regarding that topic.
          All those complaining right now should be fired because they were part of the situation we're in right now.

          doboprobodyne@mathstodon.xyzD 1 Reply Last reply
          0
          • eunews@mastodon.socialE eunews@mastodon.social

            European alternatives to Visa and Mastercard ‘urgently’ needed, says banking chief

            US payment processing companies account for about two-thirds of card transactions in Eurozone

            (https://archive.ph/Oqs7X)

            Client Challenge

            favicon

            (www.ft.com)

            reggiehere@mastodon.socialR This user is from outside of this forum
            reggiehere@mastodon.socialR This user is from outside of this forum
            reggiehere@mastodon.social
            wrote last edited by
            #5

            @eunews

            The EU is currently trying to do all the same things that the BRICS has already done for pretty much the same reasons.

            1 Reply Last reply
            0
            • brokar@mastodon.socialB brokar@mastodon.social

              @eunews They had decades to come up with something.
              But money is precious and no bank wanted to rush forward because there was no urge to do so.
              The second mark they missed was the discontinuation of Maestro.
              Now they're crying.
              Neither the banks nor the EU did anything regarding that topic.
              All those complaining right now should be fired because they were part of the situation we're in right now.

              doboprobodyne@mathstodon.xyzD This user is from outside of this forum
              doboprobodyne@mathstodon.xyzD This user is from outside of this forum
              doboprobodyne@mathstodon.xyz
              wrote last edited by
              #6

              @Brokar @eunews
              I would settle for one of those Taiwanese railway RFID prepaid charge-card widgets. KISS!

              Link Preview Image
              The Fancy Payment Cards Of Taiwan

              If you’re an old-schooler, you might still go to the local bar and pay for a beer with cash. You could even try and pay with a cheque, though the pen-and-paper method has mostly fallen out of…

              favicon

              Hackaday (hackaday.com)

              #banking #sovereignty #paymentProcessors #europe

              older@mstdn.socialO 1 Reply Last reply
              0
              • doboprobodyne@mathstodon.xyzD doboprobodyne@mathstodon.xyz

                @Brokar @eunews
                I would settle for one of those Taiwanese railway RFID prepaid charge-card widgets. KISS!

                Link Preview Image
                The Fancy Payment Cards Of Taiwan

                If you’re an old-schooler, you might still go to the local bar and pay for a beer with cash. You could even try and pay with a cheque, though the pen-and-paper method has mostly fallen out of…

                favicon

                Hackaday (hackaday.com)

                #banking #sovereignty #paymentProcessors #europe

                older@mstdn.socialO This user is from outside of this forum
                older@mstdn.socialO This user is from outside of this forum
                older@mstdn.social
                wrote last edited by
                #7

                @doboprobodyne

                Or a QR code payment system like those popular in Asia. There is a proposal to make it a standard there:
                https://en.wikipedia.org/wiki/ASEAN_Integrated_QR_Code_Payment_System

                @Brokar @eunews

                1 Reply Last reply
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