@joykill @ashtime @Brad_Rosenheim @davetroy I seen a slide with 6 or 7 existing solutions. It is not known yet if it will be one of them, all or something new being a mix.
zelgaav@mastodon.social
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We have a real problem brewing with the "Board of Peace" and it needs much more attention. -
We have a real problem brewing with the "Board of Peace" and it needs much more attention.@joykill @ashtime @Brad_Rosenheim @davetroy I believe iDeal was also mentioned as potential payment system for EU. It will take some time to adopt in other countries, but the snowball is already rolling and may become avalanche wiping US payments.
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We have a real problem brewing with the "Board of Peace" and it needs much more attention.@joykill @ashtime @Brad_Rosenheim @davetroy Outside of Poland l encountered oposite - you have to use cash in Germany, as it is hard to find a place which accepts cards. As far as I know there is initiative to bring national payment systems - including Blik - to other EU countries.
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We have a real problem brewing with the "Board of Peace" and it needs much more attention.@joykill @ashtime @Brad_Rosenheim @davetroy I can use Blik in every shop or ATM. Or I can send money to other persons directly, because sending money "to phone" also work.
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We have a real problem brewing with the "Board of Peace" and it needs much more attention.@joykill @ashtime @Brad_Rosenheim @davetroy We use Single Euro Payments Area (SEPA) system in EU, which is totally separate. The funds will flow. They can block credit/debit cards, but it would be a suicide for the US payment owners. We already have different solutions that work (like Blik in Poland), and that would end in a quick ban of US systems and switching to EU based solutions. Example: Blik already achieved 50% payment versus 43% card usage in e-commerce and I can use it in every store.