There is already a solution inside the EU, the shops just have to support it now. "Over the course of 2025, banks will no longer be allowed to charge additional fees for instant transfers in euros. Banks in all 20 euro countries must also offer the real-time service as standard."
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So is cash the only non-US option? Even my current account uses visa debit.
They're not the only options!
There's also..... American Express
How do we not have an international European card processor?
Because usa government and companies bought the current politicians
While it is partly true - look at how big lobbyorganisations of said companies are in Strasburg - I do not like how General this is. "All politicians are bought" is just straight up wrong.
Corporations in America don't pay taxes. They kill us slowly and erode our democracy and sponsor facism but they don't pay taxes.
Yeah! It's best to use the national network, if it exists in your country. Also, daily reminder that the EU is working towards the digital Euro.
This post is also intended to be a provocation to all the crypto haters and the cashless payment fanatics.
I don't really get this tbh...
The digital euro looks so promising, even if it's a small thing. Ditching Visa and Mastercard would help reduce intermediates in the payment chain, even if the replacement is the bank itself.
This post is also intended to be a provocation to all the crypto haters
When crypto is backed by a regulatory body and isn't just speculative gambling, I might take it more seriously.
Reminder: Arguing and discussion is okay, but keep it civil and do not attack the person you are arguing with.
Any time you use a card at a PoS terminal in the US, one of those two are likely the payment processor as well.
In (only) Italy you can use Bancomat
I think that's one of the part where there is no credible alternative, most of your credit/debit card will be either Visa or Mastercard, they're monoliths
every time you pay for something with your credit card you are most likely paying taxes to trump and his goons
Genuine question, how so?
to trump and his goons
Same with American Express and Discover.
The alternatives I know of are JCB, UnionPay, Interac and RuPay