Its on par with banking. On my trip to Europe in 2009 major cards were contacless cards (VISA). Just when I got my USA Visa chip card year ago I visit Europe again and most merchants were concerned why I still have a chip (“it wont work your card probably already expired. Oh wow chip card still working, amazing”). By 2010 you were able to wire money between banks at zero or close to zero fee inly using app on your phone and someone email. Just recently I was able to withdraw money from European AMT by using my email address (I had phone, no cards). I put my email in, verify when I got it and then in my email i I selected card and amount and replied. 15 seconds later ATM spit out $50. Altho I paid 3.2% transaction fee which I gladly did considering I didnt have my wallet w me and really needed cash.