February 26, 2024 BY Simon Mugo
EU Approves Instant Euro Payments To Compete With Visa, Mastercard
The groundbreaking regulation enables the swift transfer of funds denominated in euros, allowing transactions to be completed within a mere 10 seconds, irrespective of the time or whether it involves transfers within a single country or across EU member states. Traditionally, transaction processes through conventional card payments and banking deposits have been slow, often extending…
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