Apologies for YouTuber link - as some of the sources cited are in Japanese, it’s harder to get to a direct English source. The video description includes links to the Yahoo.jp article.
Apologies for YouTuber link - as some of the sources cited are in Japanese, it’s harder to get to a direct English source. The video description includes links to the Yahoo.jp article.
To this day, I don’t understand why Visa or MasterCard (or even a “physical” or even virtual card) are necessary. If the banks can’t create a global, shared way of processing payments, then the governments should step in and do it for them.
I imagine that’s because that would be against the interests of the owners of those companies. Which presumably have some power in the world, being practically internationally successful banks.
Tldr; money.
it was barely thirty years ago when small businesses didnt always accept every credit card. i remember one time as a kid i used my little bank card at a gift shop and the lady used that ancient scrubby thing to mark that weird multilayer receipt paper
Generally the world has that. There’s SWIFT and EPI in Europe, EPAA in Asia and Pix is South America. The biggest credit card market is North America.
I’m in Europe, and my debit card says visa. That’s the part that confuses me…
Mine too, but it’s not a visa card. Just compatible with visa terminals. Mine also says cirrus, maestro and a few other payment systems.