this post was submitted on 03 Jun 2026
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[–] TigerAce@lemmy.dbzer0.com 2 points 18 hours ago* (last edited 18 hours ago)

They had credit cards? From American companies? I didn't know.

Edit: oh wait, now there's tourism too, so probably they accept creditcard.

I doubt Cubans can pay with it too. If anyone knows more about it, please tell me!

[–] Akasazh@lemmy.world 2 points 19 hours ago

Can't wait for European alternatives tbh

[–] gil2455526@lemmy.eco.br 2 points 22 hours ago (1 children)

Maybe they could implement the Brazilian PIX while they are at it?

[–] Jarix@lemmy.world 2 points 16 hours ago

Canadian Interac might be good option as well, since Canadian Mint already prints Cubas cash already apparently

[–] bold_atlas@lemmy.world 2 points 22 hours ago* (last edited 22 hours ago) (2 children)

Go on crypto bros! I'm sure Cuba will be open to ideas on how to not die. Now's your chance to prove blockchains are a real alternative!

No?...Yeah that's what I fucking thought bitch.

[–] nullspace@lemmy.world 2 points 20 hours ago

Crypto would be great if it wasn't crypto.

[–] VitoRobles@lemmy.today 15 points 1 day ago (4 children)

My Canadian friends constantly flex about how great their vacations to cuba are. Very envious.

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[–] NateNate60@lemmy.world 96 points 2 days ago (18 children)

I'm surprised Visa and Mastercard were allowed to operate in Cuba before this. Most US financial companies don't serve the five countries on the US's naughty list: Cuba, North Korea, Iran, Venezuela, and Russia.

[–] Jarix@lemmy.world 1 points 16 hours ago* (last edited 16 hours ago)

It was likely part of the veradero tourist project Fidel worked out when they relaxed some rules to build more tourism. Cuba used to have a domestic currency and an international currency that was just 1:1 whatever the USD was trading at. I think they already abandoned that years ago

[–] cmbabul@slrpnk.net 89 points 2 days ago (2 children)

Those two companies have a lot more power and influence than I think they actually want anyone to grasp

[–] Prove_your_argument@piefed.social 60 points 2 days ago* (last edited 2 days ago) (29 children)

Should be 100% nonprofit and owned by the public. Totally worthless to humanity that they remain as businesses.

Most of what they do should just be FOSS anyway or the equivalent.

[–] T156@lemmy.world 2 points 1 day ago

Or at least, diversified so it's not only those two, and there's a multitude of options.

A fair few countries do that, for example, with payment being diversified into other systems like Alipay, and the other QR-based payment systems. Australia has EFTPOS, HK lets you use your Octopus to buy things in addition to paying for the train fare.

Otherwise, you'd be in trouble if MasterCard/Visa decided that they didn't like something you did very much, so you're barred from their services.

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[–] NateNate60@lemmy.world 12 points 2 days ago (3 children)

I'm glad most countries are developing their own national payment systems to get away from those leeches. The US central bank actually developed its own instant payment system called FedNow but you've probably never heard of it. Wonder why? Because participation is voluntary and banks aren't required to give their customers access to it...

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[–] Tolc@lemmy.world 10 points 1 day ago

Long live cuban revolution

[–] spaceracoon@lemmy.zip 26 points 2 days ago (2 children)

Hope to see other countries do it as well soon!

[–] optimisticturtle@lemmy.world 2 points 21 hours ago

The EU is establishing their own alternative to Visa and Mastercard. I wonder if they give the US the finger and let Cuba process payments with them.

[–] CircaV@lemmy.ca 3 points 23 hours ago (2 children)

And dump the US as the petrodollar!!!

[–] threeganzi@sh.itjust.works 2 points 20 hours ago (1 children)
[–] CircaV@lemmy.ca 1 points 13 hours ago

Yes I mean that.

[–] 3abas@lemmy.world 3 points 22 hours ago (1 children)

It's in the works already, and the Iran fuckup accelerated it. The yuan and the digital yuan are going to take over.

[–] CircaV@lemmy.ca 1 points 13 hours ago

Best news ever. Fuck the US.

[–] GreenKnight23@lemmy.world 7 points 1 day ago

valve moving steam HQ to Cuba when?

[–] TheJesusaurus@piefed.ca 47 points 2 days ago

Godspeed Cuba.

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