Is this like the Dutch iDeal or Canadian Interac or is this full-blown copycat? Edit: reading this, it's in the middle - there's still Visa and Mastercard (and

Is this like the Dutch iDeal or Canadian Interac or is this full-blown copycat? Edit: reading this, it's in the middle - there's still Visa and Mastercard (and possibly Discover if they also agreed) in the loop rather than a separate interbanking network.