this post was submitted on 24 Jul 2025
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European independent payment processor? Nooooo, US's ass is so tasty to kiss...
USA is a lost cause already, but EU still has a chance. Get rid of USA-related anything. Let them sit there and eat corn and watch superhero movies.
EU banks are working on it
https://www.ecb.europa.eu/paym/integration/retail/retail_payments_strategy/html/index.en.html
There's some sort of SEPA instant payments that come into effect this fall, I think, too.
https://www.ecb.europa.eu/paym/integration/retail/instant_payments/html/instant_payments_regulation.en.html
The US has the Fair Access to Banking Act trying to do similar things, but it's been stagnant for 2 years.