Wero will become the replacement over time.
But for now, you're stuck with Visa and Mastercard if your country doesn't have a local alternative.
Just get the cheapest option.
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Wero will become the replacement over time.
But for now, you're stuck with Visa and Mastercard if your country doesn't have a local alternative.
Just get the cheapest option.
Wero can win if the banks offer it with no additional cost to stores and, and this ia crucial, it offers credit and the blocking of funds for stuff like car rentals.
It needs to be as easy a visa/MasterCard and cheaper / easier to run with the same features. I have hope, but that is a tough order.
Bitcoin uses way to much energy to use as currency like that. gridcoin or any other one that uses proof of stake would be better if accepted but its a bit nicer if the energy put into it results in a useful product which gridcoin does.
China has UnionPay, Japan has JCB, Russia has MIR. Europe should have its own credit card network
Debit card is the way to go, not credit card.
Weโll see if any system will try to expand to more countries. Merging products like it happened for Wero is a way as well.
"EUROCARD"
Sounds nice as well
Make it blue with stars on it and the globe displaying a space picture of earth with europe
@EUCommission@ec.social-network.europa.eu let's make this happen, mkay?
Debit card maybe?
my debit card is mastercard...
Dang it. I had forgotten that most debit cards now have partnerships like that.
However, remember that debit card transaction fees are typically quite a bit lower (no exact numbers to support my claim, but for instance my hairdresser only takes credit for larger payments; small ones she only accepts debit, or she would just lose too much to the credit card company).
So you wouldn't NOT support MasterCard/Visa, but they WOULD receive less money.
As for non-American credit cards, someone asked a similar question on Reddit and got technically valid but unsatisfying responses.
For instance:
https://www.reddit.com/r/amexcanada/comments/1j31ir0/comment/mfwmz5y/
Like, when they say "don't encourage the US" people don't typically mean jumping to Chinese companies instead. Not to mention UnionPay is definitely not as widely supported as Visa or MasterCard.
And while Japan isn't exactly notorious for its human rights violations these days, I kinda doubt JCB cards would be very widely supported. And could you even get one if you're not Japanese?
Japan isn't exactly notorious for its human rights violations these days
It isn't, but it actually does a lot of human rights violations. The Japanese justice system is largely based on the idea of "guilty until otherwise proven."
That causes horrific tragedies where families are torn apart just for bad luck. You never did anything, but if they cannot be sure you did not do the crime, they jail you just in case, even for years.
For any purchase made with a credit or debit cards and you give them 2-3% of your money.
I'm not sure I understand this. The stores would be the ones to pay this fee, no? Not you with your money. The price of some item doesn't change depending on whether you use cash or a debit or credit card. Not usually anyway, maybe a small local shop has done this to me once or twice in my life. Or maybe a fair stand or something.
If we wanted to stop giving Mastercard and Visa "our" money, we would have to all band together as a world community and boycott them. ๐ฌ
Please someone correct me if I'm wrong!
Edit: I mean, yes, of course the price of those small transactions are included in the price of the item. So we are all "paying" Mastercard and Visa money, even those who aren't using them. Which is still to my point that we need to all band together as a world community to boycott them, which seems futile in all honesty.
I'd like to know if something works for all of EU. Because that's the only reason for me to have Visa.
Everything in my own country can be handled with "Dankort" our national universally accepted debit card. We also have local Mobile pay which is also pretty universal here.
But those don't work for purchases outside Denmark.
At most I expect that some company alliance manages to expand to all of Euro zone. But it doesnโt look like they are keen on bothering with currency exchange.
Have you looked into American Express?
oh shit, nevermind.