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We left the EU and the US is threatening tariffs, best buy British.

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Visa/Mastercard alternatives? (lemm.ee)

submitted 5 days ago by espressdelivery@lemm.ee to c/buybritish@feddit.uk

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Ever thought about how strange it is that this duopoly handles such a large volume of transactions?

What are we doing to combat this?

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[–] blackn1ght@feddit.uk 1 points 5 days ago* (last edited 5 days ago) (1 children)

Debit & Credit cards have been around way longer than QR codes (I don't even get this, how is a QR code a payment method?) and digital wallets, so I assume those countries you're talking about were just using cash up until the technology became available. How were people paying for things online?

You don't get charged to own a debit or credit card, unless you specifically choose a product that has perks.

[–] Varyk@sh.itjust.works 1 points 4 days ago

"I don’t even get this, how is a QR code a payment method?"

You have a digital wallet like a bank account. Scanning a QR code tells you where to send or receive money, if everything looks correct, you enter your account password and the transfer executes.

"I assume those countries you’re talking about were just using cash up until the technology became available"

Depends on the country, but epayments were around before QR codes, bank account to bank account directly via different platforms.

"You don’t get charged to own a debit or credit card, unless..."

Unless you do, correct. You also don't have a bicycle...unless you do.