Eventually, there will be world-wide interbank transfer like ACH in the USA and SEPA in the Eurozone.
Traditional banks are living in a dying past.
Guaranteed electronic (digital) transfer.
You would not need credit card associations either.
This would put a lot of people out of business ... "eventually."
This would also create a lot of new business and trade -- that is what scares them (all).
Best thing to do is deal with people who can deal with you. We have no problem with SEPA ...
|