234
EU seeks to make 10-second instant bank payments a reality (www.euronews.com)
submitted 1 year ago by sv1sjp@lemmy.world to c/europe@feddit.de
98 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[-] notepass@feddit.de 16 points 1 year ago

And free if I remember correctly. I never used it because my bank was like "Fees might apply". Trying to figure out which fees and how much was pretty much impossible.

[-] Mopswasser@feddit.de 6 points 1 year ago

In Germany it’s generally 1€ per transaction 🤡

[-] sv1sjp@lemmy.world 2 points 1 year ago

In Greece is 4-6€ per transaction for every 100€😊 (now we have created the interbanking system called IRIS which you can send money to an IBAN linked with your phone number for free)

[-] Mopswasser@feddit.de 2 points 1 year ago

I can’t wait for the day when consumers can cut banks out of their lives.

[-] agarorn@feddit.de 1 points 1 year ago

How would you get loans without banks?

[-] Mopswasser@feddit.de 1 points 1 year ago* (last edited 1 year ago)

From the central bank at slightly above policy interest rates. Cutting out as many middlemen as possible should be imperative for our age of technology.

That is until we have gotten rid of the central banking system …

this post was submitted on 09 Nov 2023
234 points (98.8% liked)

Europe

8332 readers
1 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

  1. Be nice to each other (e.g. No direct insults against each other);
  2. No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
  3. No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago
MODERATORS
poVoq@slrpnk.net