alt Hacker News> So Wero is not a credit card
Neither are visa/MC for the most part. Mostly debit. ;) this isn’t really about the card anyway but the network behind it.
This is likely to be similar to the existing European payment systems just wider in scope. There are a bunch already it’s just fragmented and country specific. Sepa wero ideal girocard crates bancaires
I have always wondered what kind of shenanigans Mastercard or Visa did to convince so many banks to use their networks for debit cards.
When did banks actually make that switch?
It must be relatively recent, because I remember not that long ago my credit union ATM card was not part of Mastercard. Now I have a new one and it suddenly has a Mastercard logo.