Futurology

That was my first thought. I like every part of the article except the "European only" bit

Revolut should work, ask around friends because they give about 80$ bonus if you sign up via referral (to the person you referred, after 3 payments IIRC, but they can send half to you, or all of it).

It comes to America
A bunch of Americans start using it
The provider sees a growing market and likes money.
Some pastor from Iowa sees tits on the Internet and gets offended.
Religious network of nutnobs pays for boycott ad campaign.
Provider silently or not so silently bans everything that can possibly offend christian pastors from the US.
We still need a sane payment provider

The technology is based on the existing Ideal system, which is already in use by the Netherlands. It works via apps from the banks themselves. Hence, you will need an account at an European bank.

This article claims there are very initial signs that you might get your wish: https://inews.co.uk/opinion/process-trying-undo-brexit-begun-4106581

I personally can't get over the fact that a 50% majority was all that was needed for such a drastic change. The US despite all its flaws requires more than 50% for certain major things like amending the constitution. Hopefully you can one day rejoin and then make it so it would require a higher threshold like 2/3 majority before another brexit would be possible.

Suddenly caralho

Trump really is the great unifyer, goddamn

The US-based financial sector fights it tooth-and-claw at every opportunity. I suspect this kind of legislation is an absolute cash-cow for lobbyists across the continent, in the same way the PPACA made a bunch of influential DC firms incredibly rich.

But can the ECB actually deliver on a useful and efficient method of continent-wide banking in practice? Fingers crossed, I guess. I just wouldn't hold my breath.

The CC merchant agreements used to prohibit charging the customer for the charges.

Friend of mine that worked at a bank had a furniture store try to do that, she got hold of some muckity-muck at the CC company while the salesperson watched (after warning them that this wasn't how any of that worked), the furniture store had their credit card machines suspended before she left the building. There was copious wailing and gnashing of teeth that she watched with a smile. She refused their offers of a heavy discount to make a phone call again and walked out.

They removed that part a couple years ago from many of the merchant agreements.

If everyone wasn't trying to screw everyone else we'd be better off.

For the love of dog, do not do this with Alibaba sellers if they ask you to. I've never gotten bit but I've heard horror stories.

I mean, you absolutely could make a till but you still have to hook it up to a payment provider like Adyen, Stripe or a terminal that handles the payment.

I mean, it's gonna ultimately have to work everywhere

People don't like having cards they can't use when they travel

It's not gonna happen right away, but I don't see how it doesn't end up that way

Edit: although reading more it might not be equivalent to the existing kinds of cards as it seems to be a debit only provision (i.e. potentially lacking a lot of the protection you get from using a credit card as your main purchasing card). Will be interesting to see how this evolves