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Joined 9 months ago
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Cake day: July 21st, 2024

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  • Wero is great for what it does (sending money to other people) and it’s going to gain the functionality needed for online commerce.

    But that only covers half the functionality provided by Visa and MasterCard. You also need the functionality to pay at a restaurant or in the supermarket. You know, the card part of MasterCard?

    Some European countries have their own debit card system (here in Germany for example giropay) but once you cross the border that stops working. Which is why those cards are usually co-badged with one of the big networks to act as a fallback. That’s where the EU should act to ensure that the fallback functionality isn’t necessary anymore, at least as long you’re in the Euro-zone.