Create accountLogin

Recent searches

No recent searches

Search options

Only available when logged in.
mastodon.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
The original server operated by the Mastodon gGmbH non-profit

Administered by:

Server stats:

344K
active users

mastodon.social: AboutStatusProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.4.0-nightly.2025-04-01

Mare Polaris

We are concerned about about the US being able to switch off or spy on our cloud instances.

But what about payment infrastructure? All payment card companies we use are US based (visa, mastercard, amex). In some European countries like Denmark they have their own system alongside (Dankort). The Dutch sold off all their own card issuers providers long time ago.

epicompany.eu/ is supposed to provide an alternative but haven't seen any updates on that in a while.

epicompany.euEPI Company | HomeEPI is a payment scheme, built by European payment industry leaders, to create Wero, a unified pan-European payment solution leveraging SCT Inst.
#europeanalternatives
·Public
78boosts·57favorites
Public *
Mare Polaris

@barbarakathmann @bert_hubert misschien vinden jullie dit ook interessant / belangrijk

Public *
Mare Polaris

Should be mentioned also that the plan also was that all public transport cards in Netherlands would become technically nothing more than a bank account at with a MasterCard.

nrc.nl/nieuws/2024/08/21/trans

Incheckpoortjes bij Amsterdam Sloterdijk.
NRC · Translink stopt samenwerking met bunq voor nieuwe ov-kaartBy Stijn Bronzwaer
Public
Jelv 🎴

@ph00lt0 @barbarakathmann @bert_hubert Wero = ideal. Dus NL zit ok. Maar Paypal en creditcards zijn in andere EU landen helaas een stuk populairder. Maar Swift zit in België natuurlijk.

Public
sannebjerg
@ph00lt0 I am afraid that we, Denmark, also sold out the supposedly independent option, Dankort, to other actors...
Public
L. B. Heuschkel

@ph00lt0 No worries, the Dankort is well in process of being phased out. You see, if somebody phishes your ID on a Dankort, the bank or shop takes (at least some of) the loss. If it's a Mastercard, it's all on you.

Public
Mare Polaris

@valpackett I don't think so. The EU should really be able to allow local companies to run payment cards.

Quiet public *
Jona Joachim

@ph00lt0
In France we also have a domestic system (CB) which every merchant must support alongside Visa & Mastercard if they wish. I agree that a European system is needed.
@bert_hubert

Public
noa

@ph00lt0 Well the product of EPI is called Wero and it's usable right now. The scope however is still quite limited and compatibility of banks not really universal. If both of these issues could get resolved... Well one can dream.

Public
Mare Polaris

@noa I am aware. But it is supposed to deliver quite a lot more.

Quiet public
5a54a

@noa @ph00lt0 Isn't Wero (back-end) being built on AWS Cloud?

Public
Aristotelis Tzafalias

@ph00lt0 @bert_hubert
direct.mit.edu/isec/article/44

MIT PressWeaponized Interdependence: How Global Economic Networks Shape State CoercionAbstract. Liberals claim that globalization has led to fragmentation and decentralized networks of power relations. This does not explain how states increasingly “weaponize interdependence” by leveraging global networks of informational and financial exchange for strategic advantage. The theoretical literature on network topography shows how standard models predict that many networks grow asymmetrically so that some nodes are far more connected than others. This model nicely describes several key global economic networks, centering on the United States and a few other states. Highly asymmetric networks allow states with (1) effective jurisdiction over the central economic nodes and (2) appropriate domestic institutions and norms to weaponize these structural advantages for coercive ends. In particular, two mechanisms can be identified. First, states can employ the “panopticon effect” to gather strategically valuable information. Second, they can employ the “chokepoint effect” to deny network access to adversaries. Tests of the plausibility of these arguments across two extended case studies that provide variation both in the extent of U.S. jurisdiction and in the presence of domestic institutions—the SWIFT financial messaging system and the internet—confirm the framework's expectations. A better understanding of the policy implications of the use and potential overuse of these tools, as well as the response strategies of targeted states, will recast scholarly debates on the relationship between economic globalization and state coercion.
Public
Eloy

@ph00lt0 Did we sold off card issuers? I'm only aware of just discontinuing them (Chipknip, PIN), by Interpay and later Currence.

Public *
Mare Polaris

@eloy well Eurocheque, Eurocard and Europay were all party owned by different entities as consortium across the BeNeLux although hqed in Bruxelles.

Public
Sem Schilder :t_blink:

@ph00lt0 the article you shared is about Translink not using bunq as e-money provider, so your statement is incorrect

Public *
Mare Polaris

@xvilo read again. And yeah luckily alipay is not used...

Public
Sem Schilder :t_blink:

@ph00lt0 bunq is not used anymore for OV-Pas. At least, it should not. I just ordered one yesterday so we can double-check the tech of it once it gets in the mail

Public *
Ghyom

@ph00lt0 there's a start of an alternative currency
: g1currency.org/
it still needs to spread more widely but one big advantage is it squeezes banks, credit card and governments ; a bit like internet for information
#G1 #monnaielibre #g1currency #banking

Libre CurrencyLibre CurrencyLet's build a parallel economy in which people equally co-create money everyday.
Public *
Mare Polaris

@ghyom not quite what we need. A unregulated currency is a horrible thing for democracy.

Public
Nic3

@ph00lt0 in the mean time we can use , previously known as TransferWise, it is a financial technology company focused on global money transfers. Headquartered in London :)

Public
Mare Polaris

@Nic3 not quite a way to male payments in stores or get money out of an ATM

ExploreLive feeds
About