PSD3: Lessons to learn from US Visa lawsuit

Most cards today are backed by an account. The cards are basically a proxy, the primary channel between payers and recipients. People “spend with their card” but they pay with the money in their account. When open banking (PSD2 in Europe) opens up the account, those same people can spend the money they have in […] The post PSD3: Lessons to learn from US Visa lawsuit appeared first on NOCASH ® de 19 ani.

PSD3: Lessons to learn from US Visa lawsuit

Most cards today are backed by an account. The cards are basically a proxy, the primary channel between payers and recipients. People “spend with their card” but they pay with the money in their account. When open banking (PSD2 in Europe) opens up the account, those same people can spend the money they have in […]

The post PSD3: Lessons to learn from US Visa lawsuit appeared first on NOCASH ® de 19 ani.