The governor of the Central Bank of Sweden comments our payment systems.

Hereโ€™s an AI translation of the text into English:

"Given the geopolitical situation, it is important to create European systems in a number of areas. This is according to Riksbank Governor Erik Thedรฉen in an interview with Ekotโ€™s Saturday program, where he emphasizes that Swedenโ€™s payment systems should not be as dependent on the USA as they have been. As an example, he points out that the two dominant credit card issuers, Mastercard and Visa, are American. 'It is probably wise to consider that we should also have European or Swedish systems that function in case the American ones do not,' he says. According to the central bank governor, Swish is 'a certain complement.' He also highlights that other countries, such as Denmark, have their own national credit cards."

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[โ€“] 4 points 10 months ago* (4 children)

I thought that there was already an EU payment system in the pipeline, due to roll out completely in 2026? Or did I make that up.... ๐Ÿค”

EDIT - Wero - https://sbs-software.com/insights/wero-europe-payment-race/

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  • [โ€“] -1 points 10 months ago (2 children)

    There is a reason why Europe is not the leader in software development.

    An European team gave my south American office branch a piece of software that follows crappy programing guidelines.

    The local team from my city is fixing that shit.

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  • [โ€“] 1 point 10 months ago (1 child)

    That's not a European thing, that happens everywhere in the world, I would blame your south American office branch for accepting it without checking or trying it first.

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