BuyFromEU

at least the swish system is set up as a collaboration between banks. it's not its own entity. assuming most of the others work this way too, since transferring between banks takes so long.

Well, isn’t visa and Mastercard part owned but the banks? Perhaps a similar system is the only way to make it work. It seems odd that with a unified market for services, payment processing needs to be a bank registered in each country. I assume that is why it’s an issue. It should be possible for any processing within the euro zone to be instant between countries and not need a seperate licence for each. Revolut already does quick easy transfers even between non euro countries. I wonder if a bank like that could do it? I think as a bank they are on,y registered in one country, so maybe I’m wrong on the need to register everywhere.

Maybe a payment system that would only be responsible for EU transfers would be the solution? In addition to the established solutions.