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Any credit card processor alternatives for consumers that are based in Europe? (lemmy.ca)

submitted 2 days ago by [email protected] to c/[email protected]

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I want to avoid paying american credit card processor fees. Because their leadership is being hostile to their neighbours.

The payment processors Mastercard, Visa, Discover and American Express are all american. I would prefer supporting the economies of friendly european countries instead.

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[–] [email protected] 4 points 2 days ago* (last edited 2 days ago) (1 children)

God I wish, but it seems like our banks don't really care to develop one either

[–] [email protected] 2 points 6 hours ago (1 children)

European banks in my experience are hopeless. Even their attempts for a Paypal alternative every few years lead nowhere.

[–] [email protected] 1 points 1 hour ago (1 children)

I mean, the Netherlands has had iDeal for a long while, which works great. But it being limited to Dutch banks obviously means its use isn't widespread beyond the Netherlands.

[–] [email protected] 1 points 38 minutes ago

That's the thing. Austrian banks have eps Überweisung for online purchases, and quick bank transfer things for sending money to your friends. But it's only Austrian banks, there is no wider collaboration outside of the country.