alt Hacker NewsThis isn't about the payment network. The EU already has their own payment network, too.
It's about card payment and even if things ending up in your network they first going through visa.
And it's about online payment (PayPal).
Replies
Anonyneko • yesterday at 4:22 PM
Not in Russia, payments made with a Visa card do not go through Visa any longer, at all. You can even use expired Visa cards (with most banks).
A lot of European online stores support asynchronous SEPA transfer. You complete your order, they issue a code and amount of money to send. You send the money with that reference code attached and they don't ship it until they get the money. It works for online order because you might be waiting a week anyway.