When I moved to Denmark many years ago the fact that you could pay everyone using MobilePay was a game changer. No need for cash if I can just pay to anyone's account immediately.
Now with free instant transfers within the Eurozone I feel that the need for an equivalent app in the EU is mostly gone. I just transferred from a German account to a Lithuanian one and that's something MobilePay can't match.
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@leonidas I wouldn't count on the instant stuff just yet though, kinda surprised it worked before the deadline is up ;)
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@wink I had it working transferring late at night (when banks usually sleep) so with N26/Revolut it works fine.
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@wink Which is overall not surprising, instant transfers were implemented a while ago and worked fine; they just weren't free.
Paying 50ct on every transaction makes a huge difference in the sums that people use money-transfer apps for.
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@leonidas Maybe mostly implemented. If the EU demands it be done by 2027 I will bet money that not all banks have.
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@wink Fair; here all banks usually have to be forced to do anything.
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