News for hackers. Stuff that matters.

A comment on Europe's $24T Breakup with Visa and Mastercard Has Begun. Parent comment

Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by Semaphor on Tuesday February 10, 2026 @11:45PM (#46970948)
Huh, I thought the EU had mandated for instant SEPA transfers to be free. Maybe it’s just national. What country are you in?
[ Parent | on HN ]
Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by usr1106 on Wednesday February 11, 2026 @12:41AM (#46971292)
Of course there is no mandate to offer anything for free. They just need to be offered for the same price as other methods.

But most people have a bank account for a fixed price and some even for free. So individual transfers are considered free, even if the correct term would be "already paid".

[ Parent | on HN ]
Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by Semaphor on Thursday February 12, 2026 @02:33AM (#46985868)
Fair enough, been so long since we had paid transfers here, I forgot it used to be a thing.
[ Parent | on HN ]