My understanding here is that the main objective is to break up the MasterCard/V... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		some-username on Jan 18, 2024 \| parent \| context \| favorite \| on: EU NGI TALER will bring private and secure online ... My understanding here is that the main objective is to break up the MasterCard/Visa duopoly. I guess breaking up duopolies is always a win for the general public, no?

pasc1878 on Jan 18, 2024 [–]

In the UK and I thought in most of the EU you can just use your Bank's app to send money into someone else's bank account.

So not replacing MasterCard/Visa especially as that requires a lot to be able to accept payments.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact