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Comment by Zardoz84

5 hours ago

on Europe there is talks about using Spanish's Bizum as the oficial European replacement for Visa/MasterCard

It's not a replacement until they issue cards that work without a phone.

  • Frankly, the number of people that care about no-phone functionality is tiny. I bet the greatest preference is the other way: the ability to use it without a physical card. Everyone has a phone.

    Of course you need a backup at some point, but it’s just that: a backup.

    • no doubt that is a top FEATURE request, but why do all this work to transfer the system from a US finance oligopoly to a US tech oligopoly?

    • The stated objective of this initiative is to break free of the American Mastercard/Visa duopoly. It would be pretty fucking stupid that if replacement required the use of the American Apple/Google duopoly!

      Convenience of use with your phone is one thing. Requiring a (locked-down, attestated) phone to create an account is another thing entirely.