We have a national system called danlort, which is used by most people.
We also have a 100% danish phone payment system called MobilePay that is almost universally accepted,
So Visa is only necessary for international trade.
And we absolutely still have cash, which is legal tender, meaning cash can’t be refused as payment.
Can the USA even do that? They’re global companies. As whacky as the United States is right now even attempting to do so would be immensely irrational even by Trump’s standards.
I’d guess that Mastercard and Visa would shift their headquarters to somewhere like Switzerland or Singapore pretty quickly after that.
And, what if the US block MasterCard and visa in Europe?
They have their own national credit card provider, DanKort.
Then people will just do direct bank transfers.
We have a national system called danlort, which is used by most people.
We also have a 100% danish phone payment system called MobilePay that is almost universally accepted,
So Visa is only necessary for international trade.
And we absolutely still have cash, which is legal tender, meaning cash can’t be refused as payment.
Danlort is actually a hilarious misspelling 😂
OOps, don’t tell the others, it’s our little secret right?
Can the USA even do that? They’re global companies. As whacky as the United States is right now even attempting to do so would be immensely irrational even by Trump’s standards.
I’d guess that Mastercard and Visa would shift their headquarters to somewhere like Switzerland or Singapore pretty quickly after that.