- cross-posted to:
- BoycottUnitedStates@europe.pub
- cross-posted to:
- BoycottUnitedStates@europe.pub
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could and should
Absolutely. It’ll take effort, but we probably shouldn’t have these crazy powerful multinational credit card companies.
I write this as a US citizen. They’re way too powerful.
The digital euro project is the only project that has a proper chance of succeeding here because it would be forced on every country using euro. All the other solution usually end at the border of the country of origin or because it is inconvenient for the users so swich to a new solution that has no benefits over paying with Visa or Mastercard. Here is a great video about it: https://youtu.be/1Al3ZIFUQ5U
Insane that we rely on random foreign countries for sending money
Paypal, Stripe, Visa, Mastercard, American Express
Not sure about Klarna, but Klarna sucks. Pretty sure they leaked my phone number to a spammer, got a fishing SMS “your Deutsche Bank account needs a login” (I am not using that bank)
My Sparkasse is pushing WERO, which is supposedly a European PayPal substitute.
WERO is already set up to fail because it’s app only.
The EU does already have them under some control. They restrict MC/VISA transaction fees to like 0.3% - literally the day Brexit happened the fees went up to 1.5%. However that was all before covid, no idea what fees are everywhere now.
Let’s hope Wero can gain some market share. It’s still in its infancy, but at least it’s doing some things right.
There is also a competitor to Wero in Spain, Portugal, Andora, Italy : euroPA
It’ll never be popular in Finland.
Sounds too much like “tax” in Finnish (Vero, which I’m old Finnish is vvero)
Maybe just rebrand it then for Finland
I sure hope so.
MasterVisa are run by christofascists. They are really problematic in the adult media sector, denying services to websites unless they adhere to certain restrictions or depictions. For example, no minotaur sex in Seeds of Chaos. Considering the nature of the Trump Regime, you can expect vanilla stuff like gay podcasts to eventually be fully subjected to censorship. The grasping arm of “American” oligarch sensibilities will reach for Europe’s people.
For the liberty of everyone, we need payment processors who are disinterested in dictating the culture of their users.
TIL VISA is actually a US company.
Visa is probably the most common in the EU? We’d need a replacement for that.
… oh, Germany already has it, with 70% marketshare!
