The article didn't mention but I hope they decide to implement Brazil's Pix. It was featured in some international news recently, hope there is interest then we will march forward for a unified system outside the swift network and without duplicated efforts. And about not being 100% European, I don't know the details but inside Brazil it is mediated by the Brazilian central bank but a 5min Google indicated that a standard international solution is still in development but it will work like a network of central banks, so the EU or even each country in the EU own system keep its independence. And as a network/federated system it would also be more stable since no one unilaterally can mess with it.
this post was submitted on 29 Dec 2025
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Extremely unlikely. It should be wero, most likely.
GNU taler has been working on this, I guess someone just needs to adopt it. https://www.taler.net/en/index.html
We need this for Canada too.
That was my first thought. I like every part of the article except the "European only" bit
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I hope Americans are allowed to use it. I want to support hentai and to enjoy it without prudes getting in the way.
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
Pastors from Iowa and like-minded censorship lovers from the US are probably not the target customers, so I doubt the efficacy of an eventual boycott.
Worked on Steam
Steam was pressured by the payment processors, this is supposed to be a solution to the censorship due to the Visa / Mastercard monopoly.
yes but the point OP is making is that, if it comes to America, this third payment processor will be corrupted by making more money and wind up in the same boat as MC and Visa
Boycotting a service that has no fees doesn't do much.
It reminds me of when I worked in a call center. Asshole, screaming callers would demand to speak to someone else and expect me to be somehow upset that I got to get them off my line.
They still benefit from having volumes of money flowing through them, or at least can bendfit if we allow them to be a for profit business.
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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.
Balls, guess Canada is stuck using the imperial processors. I'd have loved to use a European government system
You're confusing Wero with the Digital Euro. This article is about the latter.
Wow, very cool! Absolute poggers.
“It’s an end-to-European solution,” says Alessandro Giovannini, an ECB official. “All the engineering will be 100pc European, and it will be distributed by euro banks.”
Hmm, I should open a European bank account. It could help if I'm every visiting family out there, anyway.
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).
King shit. Wish our leaders gave anywhere near a shit to do this in the US.
I never understood why countries allowed digital payments like this. It effectively is like giving up monetary soverenty. Of course later I realized its because debt has been used for currency creation now.
Wait until you find out about how banks all around the world report to the bloody US IRS...
Hey IRS, how about you fuck off. As the only country who taxes non-residents (the only major country. Just the US and Eritrea...), I don't think it's appropriate for your government to be requiring our banks to hand over personal information.
This is excellent. We should never have left the EU.
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.
Thank you.
The UK has more of a set of conventions and principles than a constitution. We found out how weak that is when Boris Johnson broke the rules of Parliament to avoid losing a vote on Brexit, and made the Queen lie about it publicly in the formal announcement of the proroguement.
One of the principles is that no Parliament can bind its successor. For example, there was a fixed term parliaments law from 2010 or so that said that you need a two thirds majority to call an election before five years is up (rather than at whatever time suits the incumbent prime minister); when a new Parliament was elected in 2015, one of the first things they did was rescind that law, with a simple majority.
I worry that Farage, friend to trump and follower of Bannon, will become prime minister and lead us to such destruction that we will write an actual constitution, but that didn't do America any good once the supreme court was stuffed with Republicans loyal to trump.
I think the trick is to not elect tyrants, but Putin's propaganda reaches worldwide and the far right is rising everywhere. Perhaps it really will be global thermonuclear war this time.
We've been hearing about the Digital Euro for years. Is it finally happening?
Trump really is the great unifyer, goddamn
Sorry to be an ass and english is a weird language but it's spelled as unifier, unify doesn't become unifyer. Why? Because it's a piece of shit language that's why.
Unifyer: Portmanteau of Groyper and Unifier. Invented at the end of 2025 CE, it came to represent the abhorrent character of Fascist leaders like Donald Trump uniting opposing political powers that would normally bicker.
- The Devil's Dictionary, the most honest provider of words among the literary arts.
I like that. It should be a thing.
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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.
there’s a bunch of FOSS work happening. i believe GNU Taler is specifically this. it’s being funded by the EU
I hope it sees full implementation
and then wide scale adoption across the globe
Visa/Mastercard & Apple/Google Pay typically charge 3% fees
Not in the EU. Visa and Mastercard have been capped to 0.5% for years.
Apple / Google pay take a small cut from the 0.5%
Diversity in payment methods would be no bad thing though. It’s amazing how Visa/Mastercard have managed to insert themselves into almost ever transaction, particularly since contactless became so prevalent.
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The world is changing incredibly fast. Change is scary but I'm loving the speed and intelligence the world's leaders are adapting to the US threats.
I just bought something from a German online shop. I paid with a direct bank-to-bank transfer, zero fees (as far as I know).
The only problem of course is that this method of payment doesn't have any kind of insurance against fraud, so it works only with already reputable stores. And of course it's usable only in online shops.
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.
Not a problem as I would never buy anything from Alibaba or Temu or any such place.
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Ah man, I was kind of excited until it said European-only.
I thought maybe I'd be able to build a till from scratch without purchasing a software suite from IBM written in the 80s.
Right now the best I can do is accept Crypto on such a machine.
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
A lot of people don't even own credit cards here, so that isn't really a massive problem.
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Pix neles
Suddenly caralho
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