Comment by tgsovlerkhgsel
10 hours ago
That's the problem. Every country has an alternative or ten, but what people actually need is one system that works across borders. That's the only way it reaches enough critical mass to be useful internationally beyond the EU, which nowadays is a requirement for it to be able to replace Visa/Mastercard in a decade or so.
There's never been a system like that. Given this reality, it seems like a stretch to say that people need one.
Visa/Mastercard is the system right now. European banks issue these US debit cards often as the primary card for an account.