Re:Wero – Digital payment wallet, made in Europe
by hocuspocus on Monday February 16, 2026 @04:07PM
(#47040343)
There's no need for a worldwide solution, federation and interoperability between major schemes are enough.
The same way AliPay can be used in most Asian countries already, we can imagine a world where EPI, UPI, Pix and so on interoperate smoothly.
I assume Visa and MC will try to remain walled off as the US are a big and slow mover in this space, until they'll need to open up as well.
Note: payments (unlike transfers) are never really zero fees, for good reasons.
EU local payments already work instantly and feeless in many countries through SEPA. Lot of these countries are already on trajectory to gradually get off visa/mastercard for domestic payments as every ecommerce store pushes SEPA as the default payment to save on fees.