Look for your country specific payment systems. Use local, buy local, Buy European.
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How is this an alternative to Mastercard and Visa? This is just a payment app.
Also, this works only for the clients of the bank that operates the app…
This smells like advertisement. Bad one at that…
And from BRD, one of the worst banks in terms of adapting to new technology.
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Considering that it only works with their customers plus a few other selected ones, I would presume they reinvented the wheel for the sake of wall-gardening.