How I discovered the underground world of credit card network exploitation

Re:How I discovered the underground world of credit card net... by joenot443 on Thursday August 03, 2023 @08:05AM (#36984657)

As is often the case, the answer to the European asked question of "Why don't you just _____" is not "We seemingly don't want it", it's "America has a population 66 times that of Denmark."

Systematic change is slow and difficult. FedNow (secure, instant payments directly between accounts) was released 12 days ago, after nearly a decade in preparation.

Pretending that Americans just "don't want" more secure payments is just ignorant, in my opinion, and really screams that the author should spend more time with folks of other cultures.

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Re:How I discovered the underground world of credit card net... by vanderZwan on Thursday August 03, 2023 @08:27AM (#36984908)

That argument goes both ways: each country in Europe might be smaller individually, but at the same time I can pay with my debit/credit card all across Europe, and the same is true for each other EU country. And I still enjoy all of the aforementioned protections and services.

So despite the EU consisting of 27 separate member states, with their own banking systems, we still managed to standardize those banking systems enough to offer all of these services across the continent.

[ Parent | on HN ]