What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?
What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?
Yes, but VISA would hold the keys to the infrastructure that let’s you use it in in a modern world.
Except for maybe international online payments, there are already alternatives, so I don’t quite see how.
WERO might be the EU alternative.
Visa doesn’t hold the keys to the WERO infrastructure. WERO is basically a facilitator to the system of real time bank transfers that already exists anyway on European infrastructure. It is not a credit card system in that sense, because the money goes immediately from one account to another, but so what?