[toomuchtodo]

To pander to tax dodgers.

If Italy wanted to avoid US credit card networks, they already have SEPA instant credit transfers, which the EU is pushing to make mandatory (versus an optional premium offering).

https://www.europeanpaymentscouncil.eu/what-we-do/sepa-insta...

https://ec.europa.eu/commission/presscorner/detail/en/qanda_...

[ThePowerOfFuet]

I had no idea they were planning to make SCT Inst mandatory (which will also effectively eliminate the upcharge many banks engage in for it).

Wonderful news.