Nordics and Estonia to Roll Out Offline Card Payments Amid Rising Cybersecurity Threats

[Dopious]

This is a nice function coming.

Finland, Sweden, Norway, Denmark, and Estonia introduce backup payment systems in response to geopolitical tensions and potential disruptions to digital infrastructure.

Read the news here: https://fintechnordics.com/8720/fintechfinland/nordic-baltic-offline-payments/

 

[t2van]

This is a nice function coming.

Finland, Sweden, Norway, Denmark, and Estonia introduce backup payment systems in response to geopolitical tensions and potential disruptions to digital infrastructure.

Read the news here: https://fintechnordics.com/8720/fintechfinland/nordic-baltic-offline-payments/

Isn't that just going back to a card swipe machine with the old paper?

 

[Dopious]

Isn't that just going back to a card swipe machine with the old paper?

Almost, just new tech, will be fun to see how it is going to work and how to exploit it maybe.

 

[TheVigilante]

I am surprised why can't they just educate on how to stay vigilant instead of using the old route

 

[Dopious]

I am surprised why can't they just educate on how to stay vigilant instead of using the old route

Educate about lost connections from cyber attacks that shuts the whole payment network systems down online, hmm.

 

[TheVigilante]

Educate about lost connections from cyber attacks that shuts the whole payment network systems down online, hmm.

well they could use our UPI technology you know

My granny and mom would fall for such scams left and right lol

 

[Dopious]

I took a glance at that article but if that's the case then you guys don't have any option left but your crowd is more technology savvy and awareness is better than here in India

My granny and mom would fall for such scams left and right lol

Well, the thing is that here only like 10% of the population pays with cash since we are almost cashless in payments, so yes we might be a bit more in to techy side of payments here.

 

[Dopious]

well they could use our UPI technology you know

We use a thing called Swish here, almost the same but it also needs some sort of network connection and is not for offline use.