4 ms·
US got Venmo(/paypal) though
by zokier 2y ago
US got Venmo(/paypal) though
- varjag 2y agoMany if not most European countries also have their respective payment apps.
- 4ggr0 2y agoone example of a small european country is Switzerland, where a big part of the population uses TWINT. I can instantly send money to my friends, split bills, pay parking tickets etc. Most big banks have their own TWINT apps, so that you don't even have to use it as a prepaid solution and it's instead directly linked to your bank account. no idea if that's also how venmo/cashapp works.
- varjag 2y agoYeah there's Vipps in Norway, Swish in Sweden and I imagine something similar anywhere else. The market demand is too enormous to not be fulfilled by 2024.
- polotics 2y ago...and BLIK in Poland, 19 banks, not bad... https://www.blik.com/en https://www.blik.com/en instead of building something brand new the EU should just pick these existing ones and get them to implement compatibility...
- TimK65 2y agoBut with Venmo, at least, the money doesn't land directly in your bank account. With the typical European solution (like Swish, which we have in Sweden), it does, and within seconds. Much smoother.