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Debit/Credit Card Alternatives? (feddit.org)

submitted 4 days ago by lIllIllIllIllIllIll@feddit.org to c/buyfromeu@feddit.org

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AFAIK, currently all debit cards are US-based. Mastercard - US based, VISA - US based. We used to have girocard in Germany, but it's being phased out by most banks in favor of one of the US solutions. There used to be the EC system but as I understand it, it's gone for a while now.

Do we currently have any card-based European payment solutions? How much money do we actually give to the US just for the luxury of being able to pay by card?

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[–] Schmuppes 23 points 4 days ago (3 children)

It is called Wero and it's coming.

[–] thyristor@lemm.ee 7 points 4 days ago

Portugal, Spain and Italy are also making their own payment system. As an user of the Portuguese interbank payment system I feel it has a lot more well established features compared to other countries. https://www.finextra.com/newsarticle/45054/european-mobile-payment-operators-enable-interoperability

[–] Vandraren@lemmy.world 5 points 4 days ago (1 children)

I didn't know it existed, thanks for the information. I have activated directly in bank app, it's supported here in France :)

[–] Schmuppes 3 points 4 days ago

I'm hoping for it to not suck. My bank doesn't yet support it, but probably will somentime in 2025. If the system works, I'd be happy to use it instead of my Visa/MasterCard accounts. We really need a good alternative to those and to PayPal.

[–] beeng@discuss.tchncs.de 2 points 4 days ago

Here for a few already.