sv1sjp@lemmy.world to Europe@feddit.deEnglish · 1 year agoEU seeks to make 10-second instant bank payments a realitywww.euronews.comexternal-linkmessage-square103fedilinkarrow-up1237arrow-down13cross-posted to: economy@lemmy.world
arrow-up1234arrow-down1external-linkEU seeks to make 10-second instant bank payments a realitywww.euronews.comsv1sjp@lemmy.world to Europe@feddit.deEnglish · 1 year agomessage-square103fedilinkcross-posted to: economy@lemmy.world
minus-squareKalash@feddit.chlinkfedilinkEnglisharrow-up2arrow-down1·1 year agoSwitzerland has had TWINT for almost a decade.
minus-squarenicetriangle@kbin.sociallinkfedilinkarrow-up3arrow-down2·1 year agoYeah there’s iDeal in the Netherlands which is also instant
minus-squareBumblefumble@lemm.eelinkfedilinkEnglisharrow-up1·1 year agoYeah but that’s the problem, each country has their own solution, with no interoperability. Whether it’s MobilePay, Swish, Vips or PayPal or whatever, they are all only ubiquitous within their own country.
minus-squarenicetriangle@kbin.sociallinkfedilinkarrow-up1arrow-down2·1 year agoYeah that I agree with. I have to use Wise to do transfers between the US and EU and it’s kinda clunky and the fees add up.
Switzerland has had TWINT for almost a decade.
Yeah there’s iDeal in the Netherlands which is also instant
Yeah but that’s the problem, each country has their own solution, with no interoperability. Whether it’s MobilePay, Swish, Vips or PayPal or whatever, they are all only ubiquitous within their own country.
Yeah that I agree with. I have to use Wise to do transfers between the US and EU and it’s kinda clunky and the fees add up.