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.”

  • rbos@lemmy.caEnglish
    2·
    23 hours ago

    Can you do etransfers without having to input an email address? Super annoying to have to set up a payment target every time.

    • Routhinator@lemmy.ca
      3·
      20 hours ago

      Sadly, no - and BMO will annoyingly rate limit you on adding them sometimes. But I put the effort in because saying FU to payment companies that are anti-democratic is a requirement IMHO in 2026.

      • rbos@lemmy.caEnglish
        3·
        17 hours ago

        Be nice if they could set up an etransfer QR code. Generate code at till, scan with bank app or browser, double check the target and amount, submit.