this post was submitted on 08 Aug 2023
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I welcome an European alternative to Visa/Mastercard/Amex. I think it could have some at-cost fees, especially to make shops that benefit from the system pay for it instead of all taxpayers. I hope it will respect privacy, and not just at first and then start on a slippery slope. Maybe this would then allow shopkeepers to price the different payment options. I think there is legislation now that price cannot depend on payment method.
Well, practically time to see lower transaction fees. It is ridiculous to have all of your money on a bank which can invest them for profit, but you are earning nothing from all of this, and they even charge you to send money to an another bank..