Starting next year, certain supermarkets and gas stations will allow card payments even during internet outages, including those caused by possible sabotage.Meanwhile, the EU is also seeking ways to reduce its reliance on U.S.-based payment networks such as Visa and Mastercard.
Estonia and other Baltic and Scandinavian countries are developing a card payment network that would allow people to pay for food, medicine and fuel by card even in the event that there is no internet connection, which is otherwise used to process card payments.
Systems with this capability will be set up in designated crisis stores and select gas stations in every county.In effect, it will work similarly to how airlines can accept card payments mid-flight — but with a slight difference.
Read more: ERR.EE
Be First to Comment