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Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun (europeanbusinessmagazine.com)

submitted 9 months ago by Beep@lemmus.org to c/technology@lemmy.world

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[–] clutchtwopointzero@lemmy.world 2 points 9 months ago (2 children)

Pix is amazing but it is like an instant bank transfer. One cannot buy on credit through Pix.

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[–] herseycokguzelolacak@lemmy.ml 3 points 9 months ago

Probably a good thing. Buying on credit is a very bad way to spiral into crushing debt.

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[–] c10l@lemmy.world 1 point 9 months ago

That’s not exactly true. You can pay through an existing credit card via Pix (it doesn’t have to be Visa or MasterCard), or pay in instalments via pre-approved credit with the bank.

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