this post was submitted on 17 May 2025
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[โ€“] Aceticon@lemmy.dbzer0.com 24 points 1 month ago (3 children)

Finally!

If I'm not mistaken there's an EU project to integrate all such systems across Europe.

[โ€“] cyrano@lemmy.dbzer0.com 17 points 1 month ago (1 children)
[โ€“] tormeh@discuss.tchncs.de 9 points 1 month ago (1 children)

Good that they're working on it, but man is this stuff slow. Germany's still all in on PayPal. I think the EU should just create a common solution. Oh, and create a common way to confirm identities and sign documents online. This national fragmentation is just dumb.

[โ€“] sidtirouluca@lemm.ee 3 points 4 weeks ago

european payment initiative https://epicompany.eu/

[โ€“] trolske@feddit.org 2 points 1 month ago

Yeah, but this is not Wero. This is a private company (think PayPal, but not shitty and European).
According to a Danish piece on it, there probably will still be Cross-Border- payment fees, even though some countries in that agreement could just rely on a standard SEPA transfer without any additional costs

[โ€“] trolske@feddit.org 6 points 1 month ago (1 children)

I think the title is misleading. It is not that payment systems are made compatible, but popular local apps. It's like saying PayPal and Swish are now compatible. According to a Danish piece I read on it, there will probably still be Cross-Border- payment fees, even though if the system would be SEPA-based, there wouldn't be fees (as long as it is the same currency).

[โ€“] Blaze 0 points 1 month ago (2 children)

Isn't MB Way a payment system? It was brought up a few times as such by people in the past

[โ€“] tuga@masto.pt 2 points 4 weeks ago

@Blaze
Also, yes, created by the company responsible for the ATM network.
@trolske

[โ€“] trolske@feddit.org 1 points 1 month ago

Yeah, I guess it's semantics to a certain degree. I'd call them a payment provider, like PayPal or Klarna, but a payment system for me would be something bigger like SWIFT/SEPA.

[โ€“] gon@lemm.ee 6 points 1 month ago

Wow nice nice nice :D

[โ€“] eutampieri@feddit.it 5 points 1 month ago

TIL! It seems that the Italian Bancomat Pay is already interoperable with Spain and Portugal, but I have no way to test this

[โ€“] brb@sh.itjust.works 4 points 1 month ago (1 children)

What is "Nordic systems"?

I'm from Finland and we mostly use bank transfers and sometimes Mobileypay

[โ€“] trolske@feddit.org 4 points 1 month ago

It is MobilePay Vipps that is cooperating with other local payment providers to allow transfer across apps.

[โ€“] jol@discuss.tchncs.de 3 points 1 month ago

Wow this is awesome.