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mathverse | 2 months ago

You misread this comment. Thai payment system works across the Asian countries (they are not in a UNION are they?). You can use that payment system if you have a bank in Singapore,Korea,Indonesia etc.

Instant no fee payments.

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kevin061|2 months ago

SEPA is instant and no fees outside the EU too, like Norway and UK.

It's great Thailand has this, but I still fail to see how EU trying to copy Thailand (for a definition of copying) makes you lose faith in the EU. You would rather not have this no-fee payment system in the EU? How is this at all a negative thing?

mathverse|2 months ago

>SEPA is instant and no fees outside the EU too, like Norway and UK. This is not the point. They need to be in SEPA for it to work.

>It's great Thailand has this, but I still fail to see how EU trying to copy Thailand (for a definition of copying) makes you lose faith in the EU. You would rather not have this no-fee payment system in the EU? How is this at all a negative thing?

The point is Thailand managed this due to economic, capitalist needs across different countries and cultures.

The EU is a union and did not even manage to do that as well as Thailand.