this post was submitted on 12 Dec 2025
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Enough with american companies siphoning off the profits! (feddit.uk)
submitted 2 days ago by maam@feddit.uk to c/buyeuropean@feddit.uk
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[โ€“] kilgore_trout@feddit.it 4 points 1 day ago (1 children)

In Italy we have our payment processor called "Bancomat", but it's rarely supported outside of physical stores.

[โ€“] Aceticon@lemmy.dbzer0.com 4 points 1 day ago* (last edited 1 day ago)

In my experience most countries in Europe have long had country-specific payment systems like that, with a few notable exceptions (like the UK) were everything operates on top of VISA or Mastercard.

The problem with those is usually to do payments without the physical card and cross-country payments.

The first problem has been address in the last decade or so with things mobile phone apps that read QR codes and are linked to a card or bank account (such as MBWay in Portugal and iDEAL in The Netherlands).

The second is still a big problem - some cross-country systems have appeared and some national systems interoperate, but that's only a handful of countries each and it's far from a pan-European system (Wero is maybe the one with the broadest geographical coverage and it still only covers 5 countries), much less something that is accepted anywhere in the World.