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A comment on Brazil's Pix Payment System Faces Pressure from Visa and Mastercard. Parent comment

Re:Brazil's Pix Payment System Faces Pressure from Visa and ... by 202508042147 on Friday May 08, 2026 @09:30AM (#48062864)
That's what I am afraid of. The resistance from the incumbents plus the external pressure from the US (and China?) might be to strong. Better go with a federated approach, mandating all the different payment apps available all over the EU to allow connections from other participants.

In any case, the digital euro seems to take years (earlier expected date is 2029). I don't understand why it takes so long.

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Re:Brazil's Pix Payment System Faces Pressure from Visa and ... by bobthepanda on Friday May 08, 2026 @11:43AM (#48064757)
It seems right now the European thinking is that the US might just do it regardless so may as well prepare.
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