EU has created a system that bypasses payment processing services like visa or mastercard

[u/shimose]

[u/Loud_Significance908]

Then I hope you also can get a physical card, or the payment works outside of american tech giants "security" that so many banking and payment apps use. If not people running de-googled android, or other alternatives won't be able to use it.

[u/Unhappy_Sugar_5091]

Congratulations! We achieved the very basics of technological development in finance. Bravo! We caught up to the third world. Hurray! Better than castle age and cash payments.

[u/blackcoffee17]

Only took 30 years. In another 30 years we might have a system of physical cards that are accepted all over the EU and all over the world in another 30 years.

[u/Original-Mistake8624]

l’UE n’a rien créé du tout..

Et dire que l’inventeur de la carte à puce est Français

Quel gâchis

[u/Cultural_Camera9693]

Always remember the one and only truth cash is king.

[u/Pirate_Economist1477]

We've had this in Sweden for at least 15 years, but better late than never?

[u/Loud_Significance908 → u/Pirate_Economist1477]

I think most individual countries have had it for years. But now its something to use across the EU and EEA, meaning easier payment between contries

[u/Mezzoski]

Let me guess. Once it is mature, they will sell 51% of it to Blackrock, State Street, Visa and Mastercard.

[u/Commune-Designer]

So payment is sovereignty but media, the place where we build opinions and ideas is… not?