The European Payments Initiative (EPI) is an initiative backed by 16 European banks and financial services companies to offer Wero, an payment solutionโ€ฆ

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[โ€“] 3 points 9 months ago

Norway already has the BankAxept system in wide use. It is mainly used with debit cards though, as far as I know, not credit cards. The fees for using BankAxept are lower than Visa/Mastercard for the merchants, and most debit cards from Norwegian banks have a combination of Visa/Mastercard and BankAxept functionality included. Most merchant terminals are set up to prefer the latter tech, falling back to Visa/MC if the card isn't BankAxept equipped.

So some of the tech is already there.

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