>magnetic swipe card phaseout.

Swipe? I don't recall a time when I needed to swipe in US in the last few years. Pretty much tap, tap, tap, tap. Actually you cannot swipe a card in US that has a chip, and probably 99% of cards have chips.

>Compare the quality of that to a wire or to a ACH transfer.

Zelle? Just a qr code or a phone number? And it's free?

>Wise and Revolut

No clue. What's so special that I don't have with Chase?

>EU is also ahead with security

Um isn't that useless? As more scams are via social engineering.

>But I heard worse of the US.

I heard the same about EU, actually MUCH worse :)

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Symbiote a day ago | parent [-]

> Swipe? I don't recall a time when I needed to swipe in US in the last few years.

I do, earlier this year visiting the USA. The readers on pumps at two different gas stations.

But the EU started phasing out reading magnetic strips twenty years ago, well before the USA had even started issuing EMV chip cards.

> Zelle?

Zelle is only for person-to-person transfers, Europe has had good person-to-business, business-to-person and business-to-business transfers for decades.

> ...

The point wasn't that the USA didn't have these things, but that Europe had them earlier (sometimes much earlier), so the banking system led to this innovation.

	▲	free652 17 hours ago \| parent [-]
		Well you found one, and I can tell you about time when in EU that a place took a hard print of my card in the last 5 years! Didn't even know that card imprinters still exists. Zelle is not just person to person, it's just a transfer. You can pay businesses, people and even transfer to yourself. Zero fees. Europe is a big continent and I can easily find a place that is way more backwards ;) Also 2 letters from EMV stands for 2 American companies :).