Not be able to buy or sell anything without a US company as intermediary does seem something of a risk in the current environment
You can easily do that already? Just transfer the money as usual?
It still doesn’t replace cards so it’s really mostly replacing PayPal (a thing we already didn’t need to function here) and eventually it’ll apparently offer QR based payments on POS if you have the app - so it replaces cards IF you have Google or Apple approved phone.
I’m still seeing it as too little, too late.
Money transfers are too slow, too cumbersome, and do not offer any consumer protection. They aren’t designed for POS processes or small-time transactions.
Yes, replacing PayPal is exactly what this is supposed to do, plus VESA Debit and Maestro which are already a thing of the past.
