Visa-only Games highlights Europe's payments headache
Anyone trying to buy a souvenir at the official Olympic stores at the Milano Cortina Games will have been exposed to an issue troubling Europe's policymakers: the dominance of foreign payment providers and the fading role of cash.
4 replies
Well, its good that people aren't able to give the corruption machine money
WERO can't happen fast enough, however. No longer should the US fiscal sector cream 2% off of european transactions.
Wero now, please. I like iDeal and would love that to be more normal. I don't like Visa or Mastercard, and don't think credit purchasing should be normal.
I saw a post on LinkedIn of someone claiming that it should be easy for the European Banks to develop a common brand, Wero for instance, for debit cards. Europeans love debit anyway, so that would be great.
Develop a credit card system would be more complicated and costly, he argued. He knew about the technicalities of the issue..
I would love a Wero debit card.
I wish eEuro and the EU bank alliance (Were, Bizum, ...) were already operating.