Apologies for YouTuber link - as some of the sources cited are in Japanese, it’s harder to get to a direct English source. The video description includes links to the Yahoo.jp article.

    • ByteJunk@lemmy.world
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      1 day ago

      To this day, I don’t understand why Visa or MasterCard (or even a “physical” or even virtual card) are necessary. If the banks can’t create a global, shared way of processing payments, then the governments should step in and do it for them.

      • toothpaste_ostrich@feddit.nl
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        1 day ago

        I imagine that’s because that would be against the interests of the owners of those companies. Which presumably have some power in the world, being practically internationally successful banks.

        Tldr; money.

      • burgerpocalyse@lemmy.world
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        22 hours ago

        it was barely thirty years ago when small businesses didnt always accept every credit card. i remember one time as a kid i used my little bank card at a gift shop and the lady used that ancient scrubby thing to mark that weird multilayer receipt paper

      • Maestro@fedia.io
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        1 day ago

        Generally the world has that. There’s SWIFT and EPI in Europe, EPAA in Asia and Pix is South America. The biggest credit card market is North America.

          • Maestro@fedia.io
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            19 hours ago

            Mine too, but it’s not a visa card. Just compatible with visa terminals. Mine also says cirrus, maestro and a few other payment systems.