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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
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[-] 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)

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