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A comment on EU NGI TALER will bring private and secure online payments to the Eurozone. Parent comment

Re:EU NGI TALER will bring private and secure online payment... by vages on Thursday January 18, 2024 @03:56AM (#39039542)
If it’s equally convenient and cheaper, people could easily use this. It may even be their bank who sets it up for them when they pay for something.

I know at least one person employed in banking who thinks it’s insane that Visa and Mastercard get a 2% cut of any transaction.

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Re:EU NGI TALER will bring private and secure online payment... by unmole on Thursday January 18, 2024 @04:00AM (#39039570)
> Visa and Mastercard get a 2% cut of any transaction.

They don't. In the EU, the intercharge fees is capped at 0.3%. Even in the US they only keep a fraction of the fees, the rest goes to card issuers.

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Re:EU NGI TALER will bring private and secure online payment... by eigenket on Thursday January 18, 2024 @04:25AM (#39039738)
The EU solved that in 2015, the fee is capped at 0.3% for credit cards and 0.2% for debit cards. Call up / write to your representative in whatever country you live in and ask why your country hasn't done that yet.
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