[jacquesm]

> It will be phased out though in 2023 to Mastercard debit and visa debit

That sounds like an absolutely terrible idea. Why would we give these two rotten-to-the-core companies such power over our payment systems?

[L3viathan]

I don't really understand your point, neither do I understand the change:

Maestro and V-PAY already _are_ owned by those two companies, and are debit cards. What changes with Mastercard/Visa debit?

[jacquesm]

That it erodes the position of EU banks in favor of Visa and Mastercard. I have no problem with them facilitating the tech, but I do have a problem with them usurping the position of the banks. The EU is already too dependent on the United States in this manner, no need to make it worse.

[jurmous]

It sounds it will work the same as maestro but be usable in places where you need credit card numbers. https://www.mastercard.com/news/europe/en/perspectives/en/20...