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Re:WhatsApp gives users an ultimatum: Share data with Facebo... by vinay427 on Friday January 08, 2021 @02:41AM (#25682523)
I think India's Unified Payments Interface is a better analogy here. From what I understand (as an outsider, so based only on what I've read) it provides a universal API for mobile applications to interface with banks, essentially standardizing the federation of bank transfers. Therefore, your account at bank X can be used to pay an account at bank Y for some service that uses app Z.

https://en.wikipedia.org/wiki/Unified_Payments_Interface

Re:WhatsApp gives users an ultimatum: Share data with Facebo... by CRConrad on Monday January 11, 2021 @07:25PM (#25740470)
Why would that be a better analogy than the European system that allows you to do the exact same thing?