Is this worrying VISA, MasterCard, AMEX, CB, etc? Probably not. ECB and EPI are most likely just trying to create a bigger "Carte Bancaire" which is a Technically, Politically, and Commercially poor idea.
Alternative Approach: • Mobile only - Card/EMV has too many limitations • Updated 4-corner model - No "front-end" intermediaries • Enhance Open Banking APIs for non-PSD2 applications • Emphasis on On-line and P2P • Centrally managed App/scheme development Mirjam Plooij Carlo Bovero Annick Le Ber Luc Laffon Julien Bichon Ortwin Scheja Ronny Khan Jean-Marie Dragon Cédric HUMBERT Fred Bär Janne Uggeldahl Romain Bignon Julien Claudon Chris Michael Petra Plompen Gottfried Leibbrandt Alain Martin Hervé SITRUK
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5yThe EMPSA European Mobile Payment Systems Association and the European Payments Council (EPC) are probably grappling with similar issues. Extending locally successfully payment schemes to European/Global level is an mostly unproven path. Marijke De Soete Thomas Piveteau Nadja van der Veer Wijnand Machielse Simon Redfern Isaac Yuen Kirstine Nilsson Edström Dirk Haubrich Magnus Lageson Yves Péchiné Olivier Boxkès Evert Fekkes Peter Gullberg Leif-Olof Wallin Dag-Inge Flatraaker Jurgen Spaanderman christophe sirugue Liisa Kanniainen Tudor Nistor Aditya Khurjekar