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by _trackno5 1333 days ago
No surprises here.

Cards should've been deprecated as a payment method long ago.

Brazil's Pix, Netherlands's iDEAL, Poland's BLIK, etc, are all better payment methods that follow a push model (i.e., the customer actively confirms the purchase on their phone) instead of pull model (i.e., I send my card details to the store and it forwards it to the card network).

I really hope the EU gets its shit together and moves forward with TIPS[0]. I would love for this to become a requirement for all banks in the Eurozone.

[0] https://www.ecb.europa.eu/paym/target/tips/html/index.en.htm...
1 comments
charles_f 1333 days ago
That's all great till you don't have network, or you're abroad and need to shell out a $15 roaming day pass to pay for a freaking croissant. No thanks.

At least the credit card networks achieved some degree of industry standardization. I can pay with my freaking phone and it requires my fingerprint to validate the payment. I'm not clear what lack of convenience you're referring to

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marcosdumay 1333 days ago
Well, I don't see how any of those problems are a reasonable issue for online payments.

By the way, most countries still have cash. What is important, because the credit card network is known for going offline once in a while.

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