Most EU countries have something like this (iDEAL, Bancontact, Swish). Works great but breaks down when you need to do a cross-border payment (e.g. you are Germ

Most EU countries have something like this (iDEAL, Bancontact, Swish). Works great but breaks down when you need to do a cross-border payment (e.g. you are German and want to order from a Dutch shop).