The EU will launch the digital euro as a 100% European digital payments system to replace reliance on Visa, Mastercard, and Apple and Google Pay, with the European Central Bank issuing a digital form of cash. It will be built entirely in Europe, have zero transaction fees, instant payments, and strong privacy, giving the EU full control over its payments infrastructure.

https://www.independent.ie/business/digital-euro-what-it-is-and-how-we-will-use-the-new-form-of-cash/a165973061.html

(https://archive.ph/ERzTA)

Digital euro: what it is and how we will use the new form of cash

It’s January 1, 2029, the first day of the digital euro. You are in a shop buying milk and bread, and decide to pay with this new money. How exactly will it work?

Irish Independent

@eunews pw;dr

Have Visa, Mastercard, etc, launched their lawsuits yet?

Sean Murthy (@[email protected])

@[email protected] something like India's Unified Payments Interface? "In 2025, UPI surpassed Visa in digital payments, according to the International Monetary Fund. Over 640 million transactions are handled via UPI per day, compared to 639 million by Visa." https://en.wikipedia.org/wiki/Unified_Payments_Interface

Hachyderm.io