[cpursley]

That's not what happened. They already had been working on MIR for a while. Then Visa/Mastercard pulled out due to sanctions over the war. The retailers actually prefer MIR now as it's newer/better tech plus lower fees and government likes it because they can track every little detail (when they were a bit in the dark before). Consumers seem to prefer the payment systems - faster transfers, QR code payments and scan face to pay terminals.

https://en.wikipedia.org/wiki/Mir_(payment_system)

[general1465]

Which is what Europe is doing by implementing Digital Euro to replace Visa/Mastercard/Apple Pay/Google Pay

https://www.ecb.europa.eu/euro/digital_euro/html/index.en.ht...

[cpursley]

Nice. I assume there's a card system as well?

[general1465]

Replacement of Visa/Mastercard implies that.