Eu To Build No-fee Payments Service Like Visa/mastercard And...

The European Central Bank is determined to break the US grip on card payments

It’s January 1, 2029, the first day of the digital euro. You are in a shop buying milk and bread, and decide to pay with this new money. How exactly will it work?

If you have a bank account, the digital euro will sit inside its app on your phone. The cost of the bread and milk can be taken out of your digital-euro wallet, which is separate from your regular bank account. You don’t have a bank?

Source: HackerNews