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I hope the EU will come up with a central bank backed alternative soon.
by Krasnol 6y ago
I hope the EU will come up with a central bank backed alternative soon.
- Dahoon 6y agoThe whole problem with PayPal is exactly that it isn't a bank so they can get away with all kinds of stuff a bank cannot. I doubt a bank backed competitor could survive against a business that can just lock an account with money in it and never pay them back. Not really a level playing field.
- Krasnol 6y agoIt's really hard to identify sarcasm on the internet.
- afiori 6y agoin the EU (instant) IBANs (that are slowly rolling out since some years ago) largely solve the problem. here PayPal is used a lot but mostly with external credit cards (like Google pay or apple pay)