<![CDATA[We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday.]]>We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday.

Please 🙏

Edit: By privacy-respectful, I don't mean anonymous. I mean a solution that practices data minimization, and does not share and monetize the data it collects.

]]>https://board.circlewithadot.net/topic/fa964968-e085-4743-9689-ea8acd585454/we-need-a-solution-to-process-international-payments-that-isn-t-an-american-fintech-company-or-cryptocurrency-and-is-privacy-respectful-like-yesterday.RSS for NodeMon, 06 Apr 2026 18:23:01 GMTSat, 28 Mar 2026 10:57:10 GMT60<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 17:00:42 GMT]]>@gracie @Em0nM4stodon The point is that a lot of companies involved in transactions today sell information about the transactions they process to hundreds of companies unrelated to the transactions. This started as a way to slightly cut the fees charged to merchants so as to undercut competitors, but now it’s just a common business practice.

Full anonymity would be nice, but it’s possible to be better than the nightmare we have today without it.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/bob_zim/statuses/116307869188015358https://board.circlewithadot.net/post/https://infosec.exchange/users/bob_zim/statuses/116307869188015358Sat, 28 Mar 2026 17:00:42 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 16:47:09 GMT]]>@Em0nM4stodon two genuine questions:

1. What's the issue with something like Monero/cryptocurrency in general?

2. If you do need something involves a debit/credit card, would you not be looking for a SECURE platform instead of a PRIVATE one? Nothing about that system is privacy-respecting, the best you could hope for is a more secure solution that only cooperates with some data requests.

]]>https://board.circlewithadot.net/post/https://social.sofalounge.club/users/thesofafox/statuses/01KMTNF91G1TGD4J3MA19BJXB5https://board.circlewithadot.net/post/https://social.sofalounge.club/users/thesofafox/statuses/01KMTNF91G1TGD4J3MA19BJXB5Sat, 28 Mar 2026 16:47:09 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 16:09:26 GMT]]>@Em0nM4stodon @ParadeGrotesque yeah, I just acknowledge that so far it's extremely unlikely to ever be allowed to exist…

  • Cuz there was a system pre- known as ¹ which did a lot but suffered from being strictly & + only (a variant known as was launched but saw even less acceptance & users) , so not even competing with & on a national comparison. Until then is the "controlled opposition"…
  • works great online but I've never heard nor seen of any acceptance in-store ( or ) and it's limit to €100 (due to " " / " ") as well as strict limits (no transactions possible!) makes it not a replacement of .
  • does work great, but the continued attacks are |ding consumers despite it being "the least worst option" currently existing!
]]>https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116307667632110751https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116307667632110751Sat, 28 Mar 2026 16:09:26 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 15:59:24 GMT]]>@kkarhan @ParadeGrotesque That's what I'm saying though. This doesn't exist yet. But there is a great need for it.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116307628153256681https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116307628153256681Sat, 28 Mar 2026 15:59:24 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 15:56:41 GMT]]>@distractions I'm in Canada, so sadly I won't benefit from this myself. But I'm so glad Europe is working on alternatives! 🙌

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116307617456249022https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116307617456249022Sat, 28 Mar 2026 15:56:41 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 15:27:40 GMT]]>A non profit payment system would be SO EMPOWERING.
Kinda like activitypub vs. corporate media.
I am pretty sure a sign of how empowering it would be
is how much western governments would fight it.
]]>https://board.circlewithadot.net/post/https://snac.d34d.net/pkw/p/1774711660.875213https://board.circlewithadot.net/post/https://snac.d34d.net/pkw/p/1774711660.875213Sat, 28 Mar 2026 15:27:40 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 15:13:57 GMT]]>@Em0nM4stodon I like Mollie (Dutch psp, supports multi currency and many methods including cc of course)

]]>https://board.circlewithadot.net/post/https://mas.to/users/iwein/statuses/116307449417627467https://board.circlewithadot.net/post/https://mas.to/users/iwein/statuses/116307449417627467Sat, 28 Mar 2026 15:13:57 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 14:57:01 GMT]]>@Em0nM4stodon BRICS is supposed to be the rival system to US dollar.

Although, BRICS is in disarray since the Iran war kicked off, mostly due to India backstabbing other key member states.

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/Rastal/statuses/116307382889475182https://board.circlewithadot.net/post/https://mastodon.social/users/Rastal/statuses/116307382889475182Sat, 28 Mar 2026 14:57:01 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 14:12:10 GMT]]>@Em0nM4stodon Francesca Albanese has also been sanctioned by American fintech for telling the truth about what Israel is doing in Gaza.
https://www.ynetnews.com/article/rjwbji7z11l

]]>https://board.circlewithadot.net/post/https://mstdn.ca/users/SheamusPatt/statuses/116307206492712559https://board.circlewithadot.net/post/https://mstdn.ca/users/SheamusPatt/statuses/116307206492712559Sat, 28 Mar 2026 14:12:10 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 14:09:54 GMT]]>@Em0nM4stodon It's needed, not just to avoid feeding the fintech beast, but to avoid retaliation if you stand up to the Israeli regime and its support by the USA.
Eg judges and others on the International Criminal Court have lost access to critical financial services for daring to lay charges against Netenyahu.
https://apnews.com/article/international-court-sanctions-trump-icc-hague-4cdefe4de067432f6cdb9b137908c463

]]>https://board.circlewithadot.net/post/https://mstdn.ca/users/SheamusPatt/statuses/116307197586876402https://board.circlewithadot.net/post/https://mstdn.ca/users/SheamusPatt/statuses/116307197586876402Sat, 28 Mar 2026 14:09:54 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 14:05:11 GMT]]>@Em0nM4stodon

It's sad that cash in the mail is still the best option in some cases.  That takes forever and, for obvious reasons, has a tendency to go missing.  At least in the U.S., it's guaranteed not to be opened at any point along the way, but as soon as it has to cross a border, it might be.  Also, not everyone's honest, especially when said opportunity involves cash.

]]>https://board.circlewithadot.net/post/https://gotosocial.plutar.ch/users/plutarch/statuses/01KMTC6Q4DVS5FTDAD2MWX2BAThttps://board.circlewithadot.net/post/https://gotosocial.plutar.ch/users/plutarch/statuses/01KMTC6Q4DVS5FTDAD2MWX2BATSat, 28 Mar 2026 14:05:11 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 13:50:14 GMT]]>@Em0nM4stodon I'm in the US and want a different system here. I try not to use PayPal as much as possible. That is the only one I use. I don't use Venmo, Applepay, etc. And I know Venmo is owned by PayPal. I mainly use cash, and I do have a credit union.

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/freyjfreyj/statuses/116307120277913391https://board.circlewithadot.net/post/https://mastodon.social/users/freyjfreyj/statuses/116307120277913391Sat, 28 Mar 2026 13:50:14 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 13:44:54 GMT]]>@ParadeGrotesque @Em0nM4stodon I agree, and restricting to €5k is not only bad amidst the but also absurd.

  • Worse is only the abolishment of the €500 Banknote which I think will be more needed than ever amidst .
    • Worst is that the never introduced €2 and €1 banknotes, so millions if not billions of Euros in Coins are stuck overseas as people can't exchange their tips for local currency.
]]>https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116307099313716068https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116307099313716068Sat, 28 Mar 2026 13:44:54 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 13:43:54 GMT]]>@Em0nM4stodon not sure where you are located, but us EU citizens in Germany, France and Belgium potentially already have access to WERO, which is a PayPal alternative handled by the partner banks.

It’s not much yet, but it’s a start!

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/distractions/statuses/116307095363578274https://board.circlewithadot.net/post/https://mastodon.social/users/distractions/statuses/116307095363578274Sat, 28 Mar 2026 13:43:54 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 13:27:17 GMT]]>@kkarhan

I am not that negative. I think European systems will take off... Eventually... And provide a limited independence vs the big US 4. Lessons have been learned, the hard way (see ICC blacklisting, etc).

Privacy respecting European systems will be... But only slightly better than US providers.

But, going back to my original argument: cash is king. It's interesting to note that the country most attached to large euros banknotes is Germany.

@Em0nM4stodon @signalapp @techlore

]]>https://board.circlewithadot.net/post/https://mastodon.sdf.org/users/ParadeGrotesque/statuses/116307029987604176https://board.circlewithadot.net/post/https://mastodon.sdf.org/users/ParadeGrotesque/statuses/116307029987604176Sat, 28 Mar 2026 13:27:17 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 13:22:05 GMT]]>@Em0nM4stodon

If that's the case, then there are multiple initiatives in Europe to do that.

Wero and the EU commission digital euro are the two that come to mind.

The goal of both is to have Europe controlled digital transactions and money transfer facilities between banks all over Europe.

You can also take a look at things like GIE "Carte Bleue", which is France credit card system. There are similar systems in other European countries, which are US independent.

@webhat

]]>https://board.circlewithadot.net/post/https://mastodon.sdf.org/users/ParadeGrotesque/statuses/116307009584091758https://board.circlewithadot.net/post/https://mastodon.sdf.org/users/ParadeGrotesque/statuses/116307009584091758Sat, 28 Mar 2026 13:22:05 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:51:54 GMT]]>@Em0nM4stodon Good Luck finding anything at all...

Again: Good luck finding something, because the will basically criminalize anything even remotely competing to their "#Quadropoly" of , , & PayPal!

]]>https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116306890908255187https://board.circlewithadot.net/post/https://infosec.space/users/kkarhan/statuses/116306890908255187Sat, 28 Mar 2026 12:51:54 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:43:21 GMT]]>@Em0nM4stodon @GhostOnTheHalfShell And while we’re at it, isn’t prudish about processing payments for adult-oriented businesses.

]]>https://board.circlewithadot.net/post/https://cosocial.ca/ap/users/116274777763908831/statuses/116306857258318279https://board.circlewithadot.net/post/https://cosocial.ca/ap/users/116274777763908831/statuses/116306857258318279Sat, 28 Mar 2026 12:43:21 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:32:29 GMT]]>@rhelune We have 2 different initiatives in the EU:

- Wero, a private-sector initiative by the European Payments Initiative (EPI): https://europeanbusinessmagazine.com/business/europes-24-trillion-breakup-with-visa-and-mastercard-has-begun/

- and the EU-states initiative EuroPA for installing a central bank-backed digital currency usable across the eurozone: https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html

And yes, the first step to become independent of US data-collectors is Wero.

@Em0nM4stodon

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/NatureMC/statuses/116306814550283340https://board.circlewithadot.net/post/https://mastodon.online/users/NatureMC/statuses/116306814550283340Sat, 28 Mar 2026 12:32:29 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:18:11 GMT]]>@Em0nM4stodon Bank of China

]]>https://board.circlewithadot.net/post/https://climatejustice.social/users/KarlHeinzHasliP/statuses/116306758274062706https://board.circlewithadot.net/post/https://climatejustice.social/users/KarlHeinzHasliP/statuses/116306758274062706Sat, 28 Mar 2026 12:18:11 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:17:07 GMT]]>@webhat @ParadeGrotesque What I mean is a solution that would practice data minimization, protect well the information it has to collect, and would not monetize this information with external partners (everywhere, not just in Europe). This would be privacy-respectful in the payment-processing world, compared to currently available solutions. Nothing will be anonymous, of course.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116306754087540330https://board.circlewithadot.net/post/https://infosec.exchange/users/Em0nM4stodon/statuses/116306754087540330Sat, 28 Mar 2026 12:17:07 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:09:29 GMT]]>@Em0nM4stodon I think what @ParadeGrotesque is trying to say, is that there is no form of digital banking that ensures privacy. This is why the EU has passed many laws to stop banks doing nefarious things with the breadcrumbs that we leave due to our transactions

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/webhat/statuses/116306724102643120https://board.circlewithadot.net/post/https://infosec.exchange/users/webhat/statuses/116306724102643120Sat, 28 Mar 2026 12:09:29 GMT<![CDATA[Reply to We need a solution to process international payments that isn't an American fintech company or cryptocurrency and is privacy-respectful like yesterday. on Sat, 28 Mar 2026 12:08:40 GMT]]>@NatureMC @Em0nM4stodon Do you mean Wero?

]]>https://board.circlewithadot.net/post/https://todon.eu/users/rhelune/statuses/116306720880790883https://board.circlewithadot.net/post/https://todon.eu/users/rhelune/statuses/116306720880790883Sat, 28 Mar 2026 12:08:40 GMT