[samjmck]

> By now, the market has other, more internationally accepted modes of payment.

Hundreds of millions of citizens gain access to instant payments through SEPA. It’s already compatible with the existing banking system Europeans are already used to, i.e. share an IBAN with someone and share money. Which other cheap instant payment methods are there that are available to so many people?

[DocTomoe]

Payment/Debit cards, which work worldwide, and often are given out by the same European banks to use in supermarkets and at ATMs.

[samjmck]

Well yeah, but bank transfers serve a fairly different purpose than debit cards.