this post was submitted on 17 Aug 2025
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[โ€“] DandomRude@lemmy.world 12 points 1 month ago (1 children)

That would indeed be strange. I hadn't read anything about it before, but I hadn't really looked into GNU Taler yet either. It just sounds promising to me because it's FOSS and aims to break the monopoly of payment service providers so we can finally get away from US companies.

[โ€“] ChairmanMeow@programming.dev 4 points 1 month ago (1 children)

I'm not sure that's Taler's goal really. Ultimately if you don't want to use Visa or MasterCard you already can, through instant SCT for example. IIRC that is mandatory to be supported by all banks soon. This does require a SWIFT connection, but I don't think getting an alternative for that is on the cards anytime soon.

Taler is still a cool project though, and I'm interested to see where it goes next. IIRC it's main advantage is privacy, though I wonder how certain KYC/money-laundering checks are supposed to happen.

[โ€“] alfredon996@feddit.it 1 points 1 month ago (1 children)

This does require a SWIFT connection

Do you mean SEPA?

[โ€“] ChairmanMeow@programming.dev 2 points 1 month ago (1 children)

Good point, technically it's a SEPA conenction but they use basically the same ISO messages as SWIFT, and typically use the same endpoints too. It's quite rare to find a bank that does SEPA but not SWIFT on the same channel for example.

[โ€“] alfredon996@feddit.it 2 points 1 month ago

The only (big) difference is that SEPA is controlled by the EU, while SWIFT it isn't