Thread

European payments groups join forces to challenge US dominance

63 points · 92 comments · vrganj

M95D · 1790944402 · focus · HN ↗
It's all based on phone apps, replacing Visa/Mastercard dependency with Apple and Google dependency. Far worse for privacy IMO.
1. jmclnx · 1790944631 · focus · HN ↗
  With GDPR I think it sill will be much much better that what VISA/Mastercard keeps on your activities.
  <a href="https://en.wikipedia.org/wiki/General_Data_Protection_Regulation" rel="nofollow">https://en.wikipedia.org/wiki/General_Data_Protection_Regula...
  1. M95D · 1790945270 · focus · HN ↗
    Well... no so much in practice. My bank automatically enrolled my personal phone number into the system. I asked them to remove it 2 months ago. One month ago I received a reply that they're working on it. I may be the only person in this country that asked for this - they're now probably thinking which is cheaper: to pay the GDPR fine, repeatedly, or patch their banking software and re-certify it, or maybe refuse to have me as their client.
    Anyway, I don't know if you actually read GDPR, but the government (& various agencies) and the bank are both exempted from GDPR. They will all know everything I bought through this system, from where and at what price.

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