Vipps MobilePay is already part of EPI's initiative towards pan-European cooperation, as well as Bancomat (Italy), Bizum (Spain), SIBS (Portugal).
Once Wero becomes usable in Austria, France, Germany, Benelux, and interoperable with those, the few remaining players will have a strong incentive to join.
EPI initially wanted to become a card scheme but quickly gave up.
Plastic cards are yesterday's battle, many national schemes exist in large European countries (CB in France, Girocard in Germany, ...) and would be hard to overhaul.
Focusing on mobile payments makes sense. Once a critical mass is reached (Austria, Benelux, France, Germany) there's a clear incentive for other players to work on interoperability, even if the pricing structure might be very different.
Plastic cards no but they are also the underlying layer of digital PoS payments of course. They also use credit card numbers and infrastructure. This is the problem. Every time I buy something in a shop it goes through an American company.
That's the thing, if you pay with a French payment card (plastic or through Apple/Google Pay) in France, it's processed by the domestic network CB. This is also true in other European countries with their respective networks. EPI tried to bring a new pan-European card scheme that would have superseded those, it didn't work out.
On the other hand, there's a significant chunk of the population that just pays using their mobile phone. They don't care about cards, numbers (which are going to disappear anyway), or the legacy infrastructure behind that.
There is no need to be rude. I am receptive to your argument and trying to understand you, but brevity is not to your advantage here. I can use Google but I do not even know what you are trying to say in the context of my original question. Communication requires both players to participate.
There's technical possibility and then real world practicality.
For the same reason, a pure WebAuthn flow in a compliant browser could technically implement secure payment confirmation mandated by the DSP, but afaik no bank does that, and the W3C is still working on the spec.
Our governments can't even manage not to depend on Microsoft/Google/AWS (and Palantir, the US military industrial complex, Israel, ...), our banks are regularly under the fire of extraterritorial bullshit due to the USD dependence.
Being worried about consumer devices and their OS is cute, but it's missing the forest for the trees.
Of course. After living in Germany I can say that if I has not been not insulted in the process and the staff did not glare at me like I'm interrupting their free time, then the service was already much better than average
Agreed, not a fan of all the "is everything alright" and "can I get you anything else" and other "helpful" interruptions that many US waiters like to do.
Existing mobile wallets in Europe and beyond are absolutely eating into the market share of Visa and MC. Fraudulent transactions aren't that common since SCA became mandatory. Getting a chargeback in Europe is not trivial, this will change nothing to most consumers.
EPI is the interface and it's built upon SEPA and TARGET standards.
Wero is the implementation. I think it makes sense to provide a turnkey solution to all participating banks, so that we don't have 100+ versions of the same app.
Countries that don't want to trust EPI (or simply outside the Eurozone) are able to take the same path as Bizum in Spain, and make their domestic solution interoperate with EPI instead of replacing it.
Once Wero becomes usable in Austria, France, Germany, Benelux, and interoperable with those, the few remaining players will have a strong incentive to join.
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