Payments are immediate between countries too. On my vacation in Armenia (you know, former USSR and a pretty poor country) I paid in the supermarket with my Dutc

Payments are immediate between countries too. On my vacation in Armenia (you know, former USSR and a pretty poor country) I paid in the supermarket with my Dutch debit card (chip with PIN), I immediately popped my phone and opened the banking app for my (small, Dutch local) bank, and it showed the withdrawal.