Post #4572141
2026-08-06 08:42 UTC
@dmian@mastodon.social
It'd be nice if there was a global standard allowing for systems to communicate and there's no need for anyone to go outside of their own national/regional payment system. Given that's unlikely, I do think there's a reasonable chance there will be something in place of or at least alongside the US infrastructure, given the way that's being extorted.
A EU-developed system could be that but there are really good examples elsewhere too (India and Brazil, notably).
@RandamuMaki@mstdn.social @EUCommission@ec.social-network.europa.eu
Replies (1)
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@dmian@mastodon.social 2026-08-06 09:02
@thisislieven@c.im @RandamuMaki@mstdn.social @EUCommission@ec.social-network.europa.eu The problem of any EU solution is you can’t treat it like a single country, like Brazil or India. It’s 27 countries that you have to manage and harmonize. It takes time. And for international operations, if you don’t want to use American solutions, your best bet is to sign A LOT of agreements and implement interconnections. I don’t see others regions implementing SEPA rules, so it’ll be difficult and take time