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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. sho_hn · · focus · HN ↗
      Once you have payment processing in-house, the decision of what devices to support is yours to make.

      If you don't, two lock-ins and network effects reinforce each other.

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