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autonomousPunk
belgae.social
autonomousPunk@belgae.social Joined: 2026-02-16 |
Belgium has a ban on cash transactions with “basic” bank accounts. At the same time, the EU Payment Services Directive (PSD) says:
Superficially, a cash ban would seem to block participation with another payment system. Of course the definition of “payment system” is relevant:
Cash is a payment system of the central bank. Does cash meet that definition? Update: Belgium’s transposition of the law explicitly excludes cash as a ‘payment system’ :
(^ machine translated) |
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