this post was submitted on 21 Mar 2025
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Buy European

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[โ€“] Jesus_666@lemmy.world 6 points 2 days ago

Annoyingly, we already have fast transactions as part of SEPA. But they're somewhat inconvenient to do and especially not available by just holding your card in front of a sensor.

If we had a harmonized standard for that we could get rid of Visa and MasterCard. And if we had a common web interface to make SEPA transactions more convenient than manually typing an IBAN into a homebanking interface we could get rid of PayPal as well.

Yes, I know services like that exist but I really hate how the current ones expect me to type the login credentials for my homebanking into a third-party website.