European payments groups join forces to challenge US dominance
Thread
Unofficial Hacker News client; not affiliated with Y Combinator.
European payments groups join forces to challenge US dominance
Unofficial Hacker News client; not affiliated with Y Combinator.
petcat · · focus · HN ↗
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.
jeroenhd · · focus · HN ↗
Wero can fix the dependency on Google in a day, I don't think the dependency on Google is as bad as the broader dependency on Mastercard/Visa is.
That said, I'd much prefer a European implementation of the same remote attestation APIs that Google uses to convince payment processors that phones can be trusted to manage finances.
On iOS you don't really have a choice so until someone runs Linux on an iPhone, iPhone users are just screwed.
zb3 · · focus · HN ↗