A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard

It would be awesome if Canada could do this.

“Every time a European taps a card, pays online or splits a bill with friends, the transaction flows through infrastructure owned and operated by American companies.”

  • Eczpurt@lemmy.world
    5·
    12 hours ago

    Funny you mention piggybacking onto Europe as that was my first thought too! The way the article brought up simpler transfers and a digital euro made me think of Canada and e-transfers. There must be some way to make it work.

    • Massive_Pickle@piefed.caOPEnglish
      3·
      12 hours ago

      “Where there a will there’s a way”, and while the population might have the will, business leaders and politicians may not. 😞