Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
You know many countires have implemented something as simple as that. Singapore has PayNow, India has UPI, Thailand has prompt pay. And they’ve had it for about half a decade or more. West (EU, US, UK are catching up). Commercial banking is still alive in these Asian countires. And it’s not so hard for banks to adapt.
Notably all the three solutions you’ve mentioned launched in 2017, so 6 years after Chinese AliPay. Europeans are late to the party even when it comes to copying others too, apparently