Credit card network is not a thing without traditional banks taking part, these kind of for-profit entities generally don’t play well with public good/open source things. Right now it looks both are being worked on (a for profit thing called Wero and a public good thing called the digital euro) and i suppose that it isn’t a bad thing we get both instead of either.
Credit card network is not a thing without traditional banks taking part, these kind of for-profit entities generally don’t play well with public good/open source things. Right now it looks both are being worked on (a for profit thing called Wero and a public good thing called the digital euro) and i suppose that it isn’t a bad thing we get both instead of either.
Nobody likes the charge card networks. They charge fees to nearly everyone. Banks would jump on a fee free alternative.