Sunshine (she/her)@piefed.ca to Buy European@feddit.ukEnglish · 3 months agoGoodbye Visa & Mastercard? The Digital Euro Explainedwww.youtube.comexternal-linkmessage-square33fedilinkarrow-up1217arrow-down11 cross-posted to: europe@feddit.org
arrow-up1216arrow-down1external-linkGoodbye Visa & Mastercard? The Digital Euro Explainedwww.youtube.comSunshine (she/her)@piefed.ca to Buy European@feddit.ukEnglish · 3 months agomessage-square33fedilink cross-posted to: europe@feddit.org
minus-squarealfredon996@feddit.itlinkfedilinkEnglisharrow-up1·3 months ago This does require a SWIFT connection Do you mean SEPA?
minus-square𝙲𝚑𝚊𝚒𝚛𝚖𝚊𝚗 𝙼𝚎𝚘𝚠@programming.devlinkfedilinkEnglisharrow-up2·3 months agoGood point, technically it’s a SEPA conenction but they use basically the same ISO messages as SWIFT, and typically use the same endpoints too. It’s quite rare to find a bank that does SEPA but not SWIFT on the same channel for example.
minus-squarealfredon996@feddit.itlinkfedilinkEnglisharrow-up2·3 months agoThe only (big) difference is that SEPA is controlled by the EU, while SWIFT it isn’t
Do you mean SEPA?
Good point, technically it’s a SEPA conenction but they use basically the same ISO messages as SWIFT, and typically use the same endpoints too. It’s quite rare to find a bank that does SEPA but not SWIFT on the same channel for example.
The only (big) difference is that SEPA is controlled by the EU, while SWIFT it isn’t