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Visa Could Ruin the Internet (youtu.be)

submitted 2 months ago by ratrace@lemmy.zip to c/privacy@programming.dev

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What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?

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[–] roserose56@lemmy.zip 20 points 2 months ago (2 children)

For the USA and the rest of the world, Brazil has its own payment system as far as I know, and Europe is making one already, so jokes on you. Correct me if I'm wrong.

[–] Amberskin@europe.pub 3 points 2 months ago

We have several, but are mostly country level. We are working on interconnecting them so payments and money can flow along the EU without any USA dependency.

And there is also the digital Euro for small payments, that is being also being developed right now.

International bank transfers and direct debit are already in place via the SEPA instruments.

[–] HeyThisIsntTheYMCA@lemmy.world 2 points 2 months ago

You're Rose. It says so right before the @