JPMorgan’s plan to kill credit cards split the bank

<a href="https:&#x2F;&#x2F;archive.ph&#x2F;2022.09.23-051026&#x2F;https:&#x2F;&#x2F;www.ft.com&#x2F;content&#x2F;f6d8d454-2413-4f2b-945d-825d0a68730b" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;2022.09.23-051026&#x2F;https:&#x2F;&#x2F;www.ft.com&#x2F;cont...</a>

Pay-by-bank has existed in Germany for a long, long time. It&#x27;s like a debit card but without VISA or MasterCard in the middle. Of course, if you travel out of Germany, you will be SOL.