@Makura @rail_ @jeder yeah I’m pretty sure an EU-wide interbank transfer network has been on the table for a while now
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@Makura @rail_ @jeder yeah I’m pretty sure an EU-wide interbank transfer network has been on the table for a while now
Revolut (in the UK at least) is a “financial technology company”, and not a bank which means while it can hold money, it cannot manage it (ie give you interest), and does not have to give you compensation. Since it can hold your money, it can give you a debit card because that’s a way to access your money. It’s essentially barely regulated, and probably because if it actually got a UK banking licence, it would have to follow a bunch of rules about deposit protection, fraud and loans.
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rail :neofox_flag_nb:replied to Tuna Yasserole :baba_baba_yaseen: :agenderFlag: :transgenderFlag: last edited by
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Jeder :neocat_googly_woozy: :neocat_flag_agender:replied to rail :neofox_flag_nb: last edited by
@rail_ @yassie_j @Makura en.wikipedia.org/wiki/European_Payments_Initiative this is what i have been talking about
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Erin 💽✨replied to Jeder :neocat_googly_woozy: :neocat_flag_agender: last edited by
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Jeder :neocat_googly_woozy: :neocat_flag_agender:replied to Erin 💽✨ last edited by
@erincandescent @yassie_j @rail_ @Makura lmao of course
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Jeder :neocat_googly_woozy: :neocat_flag_agender:replied to Jeder :neocat_googly_woozy: :neocat_flag_agender: last edited by
@yassie_j @rail_ @erincandescent @Makura idk EU should actually step in and do it Their Own Way which is not care about anyone
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Erin 💽✨replied to Tuna Yasserole :baba_baba_yaseen: :agenderFlag: :transgenderFlag: last edited by
@yassie[email protected] @rail@bark.lgbt @Makura @jeder Revolut is a regulated E-Money institution in the UK, and is now also a regulated Credit Institution (“Bank”) in Sandbox
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Erin 💽✨replied to Jeder :neocat_googly_woozy: :neocat_flag_agender: last edited by [email protected]
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Jeder :neocat_googly_woozy: :neocat_flag_agender:replied to Erin 💽✨ last edited by
@erincandescent @Makura yeah uhhhh
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Erin 💽✨replied to Jeder :neocat_googly_woozy: :neocat_flag_agender: last edited by