Mojo ♻️Europe’s $24T breakup with Visa & Mastercard has begun. ECB’s Lagarde warns almost all EU card/mobile payments still run on non‑European rails, sending spending data outside the EU. Now EPI + EuroPA are launching Wero, a pan‑EU wallet for 130M users to pay cross‑border without US networks. A huge shift for payment sovereignty—and data privacy.
vampirdaddy
Derk-Jan 💙💛🇺🇦@vampirdaddy @mojo well.. thats a bit due to payconiq in the past focusing so much on QR codes to start transactions via an app and being the single (visible) issuer for consumers.
But iDEAL was web first (I ran the initial Rabobank experiment to make it App compatible). Web first can easily be provided, the iDEAL proxy is actually an example of that you could say.
@vampirdaddy @mojo im more concerned by all the banks moving their 2fa into iOS and Android app. That’s gonna be way harder to fix.
Also i dont like the consumer facing centralization that wero does. I liked iDEALs distributed model over the banks, but it was a big strain on banks and merchants. I guess to be a competitor to visa/mastercard/paypal, this had to be streamlined.