Goodbye Visa and Mastercard: 130M Europeans switching to sovereign payment

Re:Goodbye Visa and Mastercard: 130M Europeans switching to ... by stronglikedan on Wednesday May 20, 2026 @10:28AM (#48208449)

> Instead, the payment should redirect me to my bank, where I authorize the payment through my own bank's security system.

That's basically Paypal and everyone still shits on them.

[ Parent | on HN ]

Re:Goodbye Visa and Mastercard: 130M Europeans switching to ... by swiftcoder on Wednesday May 20, 2026 @10:49AM (#48208814)

I don't think I've ever heard anyone complain about the actual PayPal payments flow. Most complaints are around seizing large balances due to suspected fraud...

[ Parent | on HN ]

Re:Goodbye Visa and Mastercard: 130M Europeans switching to ... by baq on Wednesday May 20, 2026 @10:39AM (#48208660)

paypal goes to great lengths to not be regulated as a bank, right?

[ Parent | on HN ]