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Beep@lemmus.org to Technology@lemmy.worldEnglish · 3 days ago

Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun

europeanbusinessmagazine.com

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  • cross-posted to:
  • world@lemmy.world
  • buyeuropean@feddit.uk
  • europe@feddit.org
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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun

europeanbusinessmagazine.com

Beep@lemmus.org to Technology@lemmy.worldEnglish · 3 days ago
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282
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fedilink
  • cross-posted to:
  • world@lemmy.world
  • buyeuropean@feddit.uk
  • europe@feddit.org
Europe's $24 Trillion Breakup With Visa and Mastercard
europeanbusinessmagazine.com
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A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
  • CaptainBasculin@lemmy.dbzer0.com
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    2 days ago

    if Turkey was able to do it with Troy, why not Europe with Wero? Hope it all goes well

    • herseycokguzelolacak@lemmy.ml
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      2 days ago

      Turkish person here: Troy is not yet that popular, but it is slowly getting there. Give it another 5 years. The best example is probably Brazil’s Pix.

      • clutchtwopointzero@lemmy.world
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        1 day ago

        Pix is amazing but it is like an instant bank transfer. One cannot buy on credit through Pix.

        • herseycokguzelolacak@lemmy.ml
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          1 day ago

          Probably a good thing. Buying on credit is a very bad way to spiral into crushing debt.

    • pkjqpg1h@lemmy.zip
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      2 days ago

      Interesting

      Efforts are underway to expand the international e-commerce presence of TROY, which is already widely used and 100% accepted at all retail locations and e-commerce platforms across Turkey.

      source Translated with translate.kagi.com

    • Dr. Moose@lemmy.world
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      1 day ago

      Not the same thing. Every european country already has domestic Troy.

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