News for hackers. Stuff that matters.
Re:Visa and Mastercard: The global payment duopoly (2024) by toomuchtodo on Thursday July 24, 2025 @09:41PM (#44678523)
Europe (41 countries) has instant SEPA.
Re:Visa and Mastercard: The global payment duopoly (2024) by mzitelli on Thursday July 24, 2025 @10:57PM (#44679096)
SEPA is a banking infrastructure layer and it is not consumer focused. Also, only ~60% of European banks adopted it. While Pix was mandatory for all banks to adopt and 80% of Brazilian population already used it.
Re:Visa and Mastercard: The global payment duopoly (2024) by pqs on Friday July 25, 2025 @02:14AM (#44680113)
In Spain we have Bizum. You can send money to any phone number. It's instand and, as I understand, it works on top of SEPA.
Re:Visa and Mastercard: The global payment duopoly (2024) by dakiol on Friday July 25, 2025 @03:10AM (#44680457)
Never understood why it’s tied to a phone number. I don’t like to leak mine just for silly payments.
Re:Visa and Mastercard: The global payment duopoly (2024) by mzitelli on Friday July 25, 2025 @09:45AM (#44683068)
Pix resolved this by allowing email, phone number, tax ID or random generated key as an identifier.
Re:Visa and Mastercard: The global payment duopoly (2024) by elric on Friday July 25, 2025 @03:33AM (#44680584)
All banks in Euro (currency) countries have adopted SEPA. You might be thinking of SEPA Instant Payments, which is more recent and adotopion isn't universal yet.