EU seeks alternatives to US payment cards

10 pointsposted 7 hours ago
by billybuckwheat

2 Comments

palata

6 hours ago

> Washington accuses Brazil of favouring a state-run payment system and engaging in unfair competition with US companies operating in the sector, especially credit card operators.

How ironic.

kubb

7 hours ago

Many countries already have alternatives. But the digital Euro as proposed in some variants - a personal wallet with limited size, not tied to any bank with fully anonymous contactless offline transactions plus the status of legal tender would be amazing, and truly a world-leading solution.