I hope that they don't fall into the same trap that a lot of EU projects fall in to: only solving one problem.

My VISA card is not only a convenient payment method, it also forces ATM operators to give me cash without any extra fees. In Germany the EC card used to be THE way of paying with a card but you had to go to the ATMs of your bank, otherwise there would be sometimes pretty ridiculous fees. The kicker was that the fees were set by your home bank.

Add to that the ease of use online as well as in shops and it's easy to see that this is not going to be easy. I do root for them though, to do better than Wero.

> My VISA card is not only a convenient payment method, it also forces ATM operators to give me cash without any extra fees.

And that has absolutely nothing to do with Visa, but everything to do with your local banks.

I'm in Germany and haven't paid ATM fees since years. I also pretty much never use ATM since Covid

As far as i know, your Visa provider pays for the bank ATM fee and they do this with the motivation that you pay with your Credit Card which then basically makes the merchents pay it through the credit card transaction fee which at the end you pay anyway.

I do use my credit card everywere and i'm sure ingdiba is also saving money due to not having offices/ATMs everywhere, but i wouldn't mind if something in the background changes and we can replace Visa/Mastercard with something from the EU.

What does your visa card do to force them to not charge fees?

I still see atm fees over here in the us, so it can't just be being visa. I would guess some regulation but you could get that applied to the digital euro too probably?

It is indeed ridiculous. In the UK all bank cash machines are free no matter which bank you're from. My Girocard charges me 7€ for out of house withdrawals.

I think ATM fees are unrelated to the card type.

My Danish bank imposed a fee on using an ATM from another bank, until my income was high enough to make me a "premium" customer, then these fees were removed. The card didn't change.

Using a credit card generally forces you to pay fees and higher interest.

Try buying something with your card that VISA or the US government doesn’t like.

I'd rather they didn't waste time worrying about ATM's. I have used one once in the last 5 years. Almost everywhere I visit regularly doesn't even take cash now. The problem being every requirement you add to something like this is probably years of development time given it's the government(s) involved.