this post was submitted on 21 Mar 2025
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[โ€“] Yingwu@lemmy.dbzer0.com 129 points 1 week ago (4 children)

If anything, I'm really glad how Europe has stepped up and started cooperating more as a consequence of US actions these past few months.

[โ€“] RobotToaster@mander.xyz 64 points 1 week ago* (last edited 1 week ago)

The Chinese jokingly call Trump "Comrade Jianguo", because of how his trade war has made China become more independent and stopped relying as much on American companies.

In the same way Trump's latest tantrum seems to be good for the Europe.

[โ€“] mannycalavera@feddit.uk 17 points 1 week ago (1 children)

That's the Trump bump! And it's only been eight weeks.

Or is it hump ๐Ÿค”?

[โ€“] WhatAmLemmy@lemmy.world 17 points 1 week ago (3 children)

Soon to be the Trump depression, but probably only for America.

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[โ€“] HenriVolney@sh.itjust.works 10 points 1 week ago* (last edited 1 week ago)

Look into Wero. Only a couple countries and people to people payments for now, but should take off quickly as a universal Euro payement method

[โ€“] NanoooK@sh.itjust.works 6 points 1 week ago

It's about time.

[โ€“] Sunshine@lemmy.ca 53 points 1 week ago* (last edited 1 week ago) (2 children)

Please expand it to Canada too. We need a real alternative to Visa, Mastercard, American Express and Discover.

[โ€“] alvvayson@lemmy.dbzer0.com 21 points 1 week ago* (last edited 1 week ago) (9 children)

Canada shares a land border with Denmark and a maritime border with France.

I think that is sufficient to include them in any extended EU schemes.

(To the degree that they want it, of course)

[โ€“] jonne@infosec.pub 14 points 1 week ago (1 children)

France shares a land border with Brazil, we should get them into the EU as well.

[โ€“] alvvayson@lemmy.dbzer0.com 6 points 1 week ago (2 children)

I can support this.

Brazil and Suriname back into the European world.

๐Ÿ‡ง๐Ÿ‡ท๐Ÿ‡ธ๐Ÿ‡ท

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[โ€“] brucethemoose@lemmy.world 35 points 1 week ago* (last edited 1 week ago) (18 children)

Too bad about crypto.

This is the exact kind of situation it was meant to deal with: finance independent of bad entities. But itโ€™s such a dumpster fireโ€ฆ

I donโ€™t think thereโ€™s a purer example of social media engagement hype, predatory capitalism, and disinformation ruining something neat so quick.

[โ€“] unexposedhazard@discuss.tchncs.de 17 points 1 week ago (1 children)

There is GNU Taler which is quite cool, but thats not really ready for use yet sadly.

[โ€“] brucethemoose@lemmy.world 7 points 1 week ago (7 children)

Oh yeah, that seems really cool. The core premise is much more practical.

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[โ€“] chicken@lemmy.dbzer0.com 13 points 1 week ago (6 children)

social media engagement hype, predatory capitalism, and disinformation ruining something

I mean, it still works for getting around Visa and Mastercard. For instance it can be used to make donations to various media piracy groups. It's just that it's so useful to scammers and many people see the technology as a whole as being one 'brand'.

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[โ€“] 01011@monero.town 9 points 1 week ago

It really depends on the cryptocurrency in question. Some coins are much more credible than others. Lumping them all in together is like saying that the Japanese Yen and the Lebanese Pound are the same.

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[โ€“] teri@discuss.tchncs.de 30 points 1 week ago (3 children)

GNU Taler seems to be a good thing to look into. Not a crypto currency but a payment system which preserves anonymity of the buyer.

Imagine a future where Taler Systems SA becomes a financial powerhouse, holding a significant percentage of Euros to issue as tokens! Swiss bank accounts 2.0, giving Tether and USDC a run for their money.

[โ€“] Hirom@beehaw.org 11 points 1 week ago (1 children)

Yay GNU Taler is very promising, but I fear banks prefer proprietary systems.

It may become widely used if there's strong customer demand for GNU Taler, or regulation requiring an open electronic wallet. Most banks would probably be dragging their feet.

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[โ€“] dejpivo@lemmings.world 9 points 1 week ago

It has been a while since this appeared; I wonder if it picks up steam. Now or never?

[โ€“] Krik@lemmy.dbzer0.com 25 points 1 week ago (1 children)

There's Wero, a European alternative to VISA and Mastercard.

[โ€“] sanpo@sopuli.xyz 14 points 1 week ago (3 children)

Is it? Doesn't look like they offer debit/credit cards.

Looks more like a PayPal alternative.

[โ€“] lmuel@sopuli.xyz 8 points 1 week ago

Yup thatโ€™s the current state of it. They say theyโ€™re planning to add in-store and online payment options though

[โ€“] oktoberpaard@feddit.nl 8 points 1 week ago (2 children)

Itโ€™s based on iDEAL, which we use in the Netherlands since 2005. All the Dutch banks are connected to it and when you pay, you approve the payment in your banking app or website, after which itโ€™s immediately deducted from your bank account and the webshop gets an instant payment confirmation. Variations of this are also used peer to peer, for example for splitting the bill or when buying second hand stuff. You send someone a payment request (url) or show a QR and payments arrive instantly on your bank account, without any fees.

So indeed, even though itโ€™s immensely popular and widely used, itโ€™s not a full replacement for physical debit cards and it doesnโ€™t offer credit.

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[โ€“] RedSnt@feddit.dk 25 points 1 week ago (1 children)

Cashless payment is fucked. Using a phone to pay with? Sorry, only google wallet or apple pay, and in most cases only visa or mastercard. It's only recently that that Danish "Dankortet" is getting support in those apps. Bit fucking late, but US led companies don't give a fuck.

[โ€“] sloppychops@lemmy.ca 11 points 1 week ago (1 children)

Samsung have their own wallet app, too. There are also a number of alternatives to Visa and Mastercard, but unfortunately, they are not as widespread or are limited to a particular countries banking system. In Canada, we have Interac, for example.

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[โ€“] ArchmageAzor@lemmy.world 23 points 1 week ago

I would love to have an EU bank card. Hope we get one soon.

[โ€“] SabinStargem@lemmy.today 22 points 1 week ago (4 children)

I really hope that the EU introduces a global payment and banking system that is agnostic. I don't want to be under MasterVisa's thumb, and would prefer to keep the bulk of my money as Euros instead of American Dollars. Problem is, as an American, I can't readily use Euros in my daily life.

Here's hoping the EU can strike up a solution with Blue States, so that I don't need to ask Musk for permission to buy anything.

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[โ€“] fluffykittycat@slrpnk.net 17 points 1 week ago (2 children)

Don't let the Christians get up in there and dictate what you can and can't buy with it

[โ€“] SabinStargem@lemmy.today 7 points 1 week ago (1 children)

Yeah, that is what happened to DLSite. It sells Japanese media such as hentai, so Visa & Mastercard put a universal ban on their products, no matter the category. It is a 1st Amendment violation IMO, since they are gatekeeping an entire culture.

I can easily see MasterVisa banning European or Canadian merchants for the sake of a Trump Regime.

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[โ€“] gigachad@sh.itjust.works 15 points 1 week ago* (last edited 1 week ago) (3 children)

The EU plans this for many year, but the problem is every country is doing its own thing with its own standard, that is not working anywhere else. In Germany for example we have Giropay as a solution, which doesn't work in other countries. As it turns out, people move though, that's why for a couple of years now every bank is switching to VISA debit cards...

[โ€“] janbaumy@lemm.ee 11 points 1 week ago (1 children)

As far as I know, Giropay is being replaced by Wero, which is already supported by some banks in different European countries.

It is so far one if the better PayPal/Visa/MasterCard alternatives Iโ€˜ve used, but adoption is still a problem.

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[โ€“] Jesus_666@lemmy.world 6 points 1 week ago

Annoyingly, we already have fast transactions as part of SEPA. But they're somewhat inconvenient to do and especially not available by just holding your card in front of a sensor.

If we had a harmonized standard for that we could get rid of Visa and MasterCard. And if we had a common web interface to make SEPA transactions more convenient than manually typing an IBAN into a homebanking interface we could get rid of PayPal as well.

Yes, I know services like that exist but I really hate how the current ones expect me to type the login credentials for my homebanking into a third-party website.

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[โ€“] hehehe@lemmy.world 14 points 1 week ago (3 children)

We got UPI in india and it's amazing. You use it and feel like the rest of the world is living in the past.

[โ€“] owsei@programming.dev 1 points 6 days ago (1 children)

How does India and Brazil (PIX) have that but US/EU doesn't?

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[โ€“] Wrongdoer1@lemm.ee 14 points 1 week ago

We're so capable, it's crazy we needed to be threatened to realize it.

[โ€“] sunzu2@thebrainbin.org 10 points 1 week ago

Deny the money changer profit.

Take market share away from these parasites.

[โ€“] MITM0@lemmy.world 8 points 1 week ago (1 children)

Yes it'd s called GNU-Taler, Chief

Try it, you might just like it ;-)

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[โ€“] qyron@sopuli.xyz 8 points 1 week ago (9 children)

Portugal has it's own network, Multibanco, and I know our central bank is working on a system targeted to the SEPA+ area. We already can send money to each other usong our phone number and our fiscal number.

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[โ€“] loudartist@lemmy.wtf 8 points 1 week ago

I heard that Norwegians managed to open the Apple Wallet, so the iPhone can have an app that does it without Apple's stuff :)

[โ€“] biofaust@lemmy.world 8 points 1 week ago (1 children)

Please let's think this ALL THE WAY: it is pointless to look for alternatives to the customer facing part if the backend still runs on US software.

[โ€“] Sunshine@lemmy.ca 17 points 1 week ago* (last edited 1 week ago) (3 children)

We need European alternatives to the 2 American duopolies: Visa and Mastercard / Android and Apple.

[โ€“] drmoose@lemmy.world 8 points 1 week ago (6 children)

Android is open source so any European company can just fork their flavor the same way Huawei did.

And there are alternatives to visa/mastercard but their local to each country: Cartes Bancaires in France, Girocard in Germany etc.

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