‹ BackHN Continuity

Thread

European payments groups join forces to challenge US dominance

63 points · 92 comments · vrganj

  1. petcat · · focus · HN ↗
    These all require Google or Apple devices both by the seller and the buyer. Wero explicitly does not even support non-Google Android devices.

    I'm not sure that replacing Visa and MasterCard is really that big of a sovereignty move considering the pervasive dominance American mobile OS tech has. It's a much harder ecosystem to replace.

    1. bilekas · · focus · HN ↗
      They don't though, unless I'm missing something stupid there is parity across all national options. And here for example the bank itself has Bancomat AND Visa as an option to pay by at a POS or online etc.

      This will allow me to use my card online with a merchant in Germany for example and use my Bancomat process (whatever the new interface is called) will be the gateway.

Open on Hacker News to reply ↗

Unofficial Hacker News client; not affiliated with Y Combinator.