Thread 106268416

Why hasn't Europe developed an instant payment system?

>>106268416 (OP)
They have, it's called cash.

blik

>>106268416 (OP)
they have, TIPS. https://www.ecb.europa.eu/paym/target/tips/html/index.en.html

many countries have that already:

Netherlands: IDEAL
Germany: giropay
Belgium: bancontact
most European countries: SOFORT

new one: https://wero-wallet.eu
try to combine giropay, bancontact, ideal, ... and you can send/receive money with a phone-number instead of bank account number.

>>106268416 (OP)
Sepa instant. Just like Fednow, banks aren't forced to support QR codes for it in their apps, so it's fairly useless.

*blocks your path*

The EU has banned credit card surcharges. So you are forced to use credit cards or you're just fucking yourself. Even if Sepa-instant had universal QR support.

You pay for the credit card either way, might as well get the benefits.

>>106268433
this

>>106268465
i never had a credit card and still pay without problem.

>>106268465
I never owned and never plan to own a credit card and never had problems paying with just debit.

>>106268465
I don't have a credit card. I only use debit card and prepaid cards, and still pay with blik for 99% of stuff.
Imagine giving your card details to some random ass websites.

>>106268476
My point is that the vendor spreads the cost of creditcards around, so you end up paying for them.

Debit cards work, but have no chargeback.

>>106268416 (OP)
>In Europe I'm begging a bakery to accept a card
Every shop is required to accept card payments, and has been for at least 20 years. Streetshittette is retarded.