Annoyingly, we already have fast transactions as part of SEPA. But they’re somewhat inconvenient to do and especially not available by just holding your card in front of a sensor.
If we had a harmonized standard for that we could get rid of Visa and MasterCard. And if we had a common web interface to make SEPA transactions more convenient than manually typing an IBAN into a homebanking interface we could get rid of PayPal as well.
Yes, I know services like that exist but I really hate how the current ones expect me to type the login credentials for my homebanking into a third-party website.
Annoyingly, we already have fast transactions as part of SEPA. But they’re somewhat inconvenient to do and especially not available by just holding your card in front of a sensor.
If we had a harmonized standard for that we could get rid of Visa and MasterCard. And if we had a common web interface to make SEPA transactions more convenient than manually typing an IBAN into a homebanking interface we could get rid of PayPal as well.
Yes, I know services like that exist but I really hate how the current ones expect me to type the login credentials for my homebanking into a third-party website.