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The German economy is a multi-trillion dollar economy. And yet, one payment processor (Europay) was simply bought by MasterCard, and the other (Girocard) can't
by kuschku 9y ago
The German economy is a multi-trillion dollar economy.
And yet, one payment processor (Europay) was simply bought by MasterCard, and the other (Girocard) can't compete anymore, because they can't influence what standards are used by Android Pay, Apple Pay, and NFC terminals (Hint: it's not the EMV standards themselves, but only specifically the large credit card networks)