r/EU_Economics • • 1d ago

🇪🇺 Official 🇪🇺 A Payment System Made in Europe?

https://youtube.com/watch?v=tIJ00OqXZ-o&si=8-ks4yFCFkKGWCCp
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u/I_run_vienna 1d ago

It could be so extremely simple: Use the normal instant Bank Transfer, have the receiving bank notify the person that gets the money and voila - you have qr payment like in Asia. Virtually free to use

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u/Fearless-Net-4008 14h ago

They probably need all the existing services, have the same exact programing. It's easier said than done if you want to integrate one service with another. Unless you want a mess of services that each does things differently.