Spain blackout highlights fragility of payments systems

The massive blackout places the bank as one of the sectors most affected. The incidence causes the blockade of ATMs, which because they do not have electricity are inoperative, as well as the branches, which have been forced to lower the window waiting for orders from the central operating center. “We have closed for security,” a worker from Banco Santander tells La Información. “Following the security protocol, the offices have been closed, and…

Only some banks allow card payment at their terminals

Days like those of Monday are propitious to all kinds of bulls and conspiranoias. Of the many who ran through the nets and the waves, they have highlighted once again the cyberattacks with Russian marchamo, of indisputable impact for these payments since the attempted coup d’état of Puigdemont and company has exposed our weaknesses in cybersecurity. Add to the above the recent termination of the contract of purchase of arms to Israel, which coul…

With a large percentage of the restaurants in Spain without light and the applications failing because of the problems of the Internet, the autonomous distributors who remain part of Glovo and those of Uber Eats have dealt not only with the uncertainty of not having electricity service, but of spending a day without billing and, above all, without knowing when they would do it again. It is a further warning of the difficulties faced by this type…

Last Monday our country and Portugal suffered a blackout that lasted twelve hours in my neighborhood. The lights went out and with it the mobile phones, the internet, the traffic lights, the elevators, the credit cards, the trains, the cash registers, the life in general. Again, like in the pandemic, we attended the spectacle of our own fragility. The blackout showed that those who say that electricity is a basic service that must be public are …

A change in the customs of the citizens. Or, rather, a small step backwards. The association of financial users (Asufin) believes that, "for sure", the blackout suffered this Monday, with the consequent impossibility of taking money in the cashiers and the difficulty to pay by card, will motivate the cash to be, from now on, more abundant in the pockets and wallets of the Extremadurans.