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In the Netherlands, before VISA, there already was a national debit card standard called PIN [1]. Sure, times have changed and it's probably not super easy, but
by jsiepkes 8mo ago
In the Netherlands, before VISA, there already was a national debit card standard called PIN [1]. Sure, times have changed and it's probably not super easy, but it's also not going to be super hard.
[1] https://en.wikipedia.org/wiki/PIN_(debit_card) https://en.wikipedia.org/wiki/PIN_(debit_card)
- anal_reactor 8mo agoFun fact: until about a year ago it was not possible to pay using normal debit cards in most Dutch shops, you had to have a local card. I distinctly remember that AH, Vomar and Jumbo would typically reject foreign cards while Lidl and Dirk would typically accept them. Of course there were exceptions, but that was the rule of thumb. Most Dutch people were unaware of the issue (because Dutch cards worked abroad), and those who were, were fully convinced that it's because Dutch system is objectively better (it wasn't, it was just a separate network). Then in like 2024/2025 Visa and Mastercard finally retired their special V-Pay and Maestro brands, and now most terminals in the Netherlands accept most normal cards.
- dcrazy 8mo agoWas V-Pay different from Visa Electron?
- RealityVoid 8mo agoI think most people miss that the biggest hurdle is political. Once a political will exists, this system will come to exist.
- wellf 8mo agoA card I can tap on a vending machine anywhere in the world. Crypto was probably the hope to compete but that didn't pan out.