Wednesday, May 25, 2022

EC Card Issue Story

 Around Germany this morning, you might have noticed if you were out and about....using your EC to pay for bakery goods, or something at the local grocery....the EC card didn't work, and you needed 'bargeld' (cash).

There are around seven operations (major ones, like Netto, DM and Rewe)....that the EC card systems broke down.

Reason?  So far, unknown.  Terminals simply can't reach the banking system.

Hacker deal?  No one says that yet.

Over the past twenty years, I have to admit that a fair number of Germans have gotten away from cash, and probably use their EC card for 90-percent of purchases.  I had to get a bus-ticket this morning, and used the EC card for that three-Euro item.

If this was a long-term (three or four days) thing?  Well....it'd present a problem in people going to ATM machines, and emptying them out to some extent.  It'll be curious how they explain the root cause for this.

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