Earlier quoted context omitted.
Something similar existed in Belgium from 1995 to 2014 for small payments, called Proton [0]. [0] https://en.wikipedia.org/wiki/Proton_(bank_card)
Also Chipnik in NL, discontinued several years ago. Too fiddly, nobody worries about privacy any longer. https://en.m.wikipedia.org/wiki/Chipknip
I think Sweden had one called Kash or something like that.