Comment by mrweasel
12 hours ago
Last week I was watching a YouTube video, talking about the EU creating payment services independent of VISA and MasterCard. What struck me is that they are all apps, which will require an app store.
Great, I can pay with a digital Euro, Wero or something else, without routing my payments via VISA. I just can't do it without an account with Apple or Google. I'm absolutely baffled by politicians, regulators, banks, merchants and implementors lack of ability to think more than one or two steps out.
Sure, the EU is forcing 3rd. party app store, but no one is using them, so no one is pushing apps to them, especially not governments, banks or payment services, they'll be the last to use them.
The digital Euro seems still in early planning stages. It seems people want to plan a physical card for it, but whether online payments will work without a platform dependent app is unclear for now.
Wero however is currently only planned as an android/ios app period. There are rumors that a card will come but that's only rumors for now.
In your list of groups to be baffled about I would add journalists. You see many articles about Wero mentioning digital sovereignty, but have you seen any that criticize the required banking apps only being available in google's and apple's app stores?