your favorite online store.
I know it’s cliché to call anonymous commenters shills, but that post has major shill energy.
Comment on Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
LedgeDrop@lemmy.zip 1 day ago
From what I’ve read, it appears that it’s simply one time, transactions.
Surely, they couldn’t be that short sighted. This means no “saving for payment information” on your favorite online store.
Also, it seems this is heavily tied to your bank account, which kind of makes me a bit nervous. I like fintech solutions and being able to create “one time use debit cards” or debit cards with a maximum balance and at the moment, I don’t understand how wero will fill this gap.
… but I really hope I’m wrong or some fintech will “step up” and make wero a legitimate replacement for visa/master card.
skisnow@lemmy.ca 1 day ago
LedgeDrop@lemmy.zip 1 day ago
I know it’s cliché to call anonymous commenters shills, but that sentence has major shill energy.
I also know I shouldn’t “feed the trolls”, but your comment did amuse me.
Me? Shilling for Visa/Mastercard? Oh, boy. I was merely asking questions, so I can understand “how can I move away from visa/mc, as soon as possible”.
It’s ~interesting~ cute that this is what you’re getting hung up on.
Who says “your favourite online store”, honestly.
Sorry, I said “favorite online store”, mate ;)
Cheers
skisnow@lemmy.ca 1 day ago
merely asking questions
I believe this is known as “JAQing off”
Appoxo@lemmy.dbzer0.com 1 day ago
You don’t have a favorite store you choose to shop if there are multiple options?
Would “Your shop of choice” make it any better?skisnow@lemmy.ca 1 day ago
I can’t tell if you’re missing the point deliberately for humorous effect…
Appoxo@lemmy.dbzer0.com 1 day ago
50/50
REDACTED@infosec.pub 23 hours ago
Am I the only one who has never saved a credit card with random stores/companies?
matlag@sh.itjust.works 4 hours ago
Even non-random ones.
Just how many data breach does it get before we collectively realize it: as long as the pain of the breach is on us, corps will never really care about security.
Slam them with 10% of their yearly revenues on the first breach, and they’ll start taking that seriously.
LedgeDrop@lemmy.zip 20 hours ago
Nope not at all. I really like the “one time use” CC for those “random stores”. There are really only two vendors that I “trust” with CC.
I also enjoy the “budget feature” for things like my isp bill (to prevent surprises). It’s also great when going abroad, as you need to give a CC to reserve a room (… and those one time use cards won’t work).
Now, I just want to find the same level of control with wero.
xep@discuss.online 1 day ago
As long as they provide the payment network, the banks and merchants are free to make the rest of the customer facing functionality.
Nalivai@lemmy.world 1 day ago
Nothing stops them from saving your public token or number or whatever they’ll come up with, or even using the current Wero system. My favourite online store can save like twenty different payment system credentials, what’s another one.
No more than visa and mastercard currently. You need a bank to create you your one time debit card. With payment system one time debit card is not needed, because your public facing token isn’t enough to make a transaction, so there is no problem here. Which also makes it trivial to implement multiple “wallets” inside the account, or multiple public tokens with different “wallets” associated with it.
LedgeDrop@lemmy.zip 1 day ago
Ah, okay. I didn’t realize this was based on some public/private key exchange and they were using the term “wallets” as a way of isolating them.
Now, I just need to find a vendor that provides this.
Thank you for the info.
Nalivai@lemmy.world 22 hours ago
I mean, I don’t know what they will come up with in the end, if anything, it’s just talks at this point, I’m basing it on all the other fintech solutions that European market has to offer.