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A digitally-signed (by the bank) copy of the transaction would also suffice instead of a check. Decimal places can't shift with electronic payments. All B2C d

A digitally-signed (by the bank) copy of the transaction would also suffice instead of a check. Decimal places can't shift with electronic payments. All B2C debits (SDD Core) have the right to be reversed within 55 days for specific reasons; this can be done online by the account holder and they are instantly refunded. This is all across Europe, and has been for years now.

yencabulator 6y ago
> Decimal places can't shift with electronic payments. [...] > This is all across Europe, and has been for years now. Only after living in USA for some time do you realize that many corporations here actually use cheap labor to read electronically submitted information, and then type it back into a computer. I've had my name misspelled on utility accounts where I signed up online, and damn sure did not misspell it like that. Yes, USA is stuck in the 70s.
- scollet 6y ago
  A mentor of mine made the point IIRC: In eastern Germany they skipped checks for cards and it catapulted their payment systems to transcend the first world payment systems within the decade. Please correct me if I'm wrong. I think great depressions in tech yield necessary solutions; necessity and invention...
  - cr1895 6y ago
    I was always under the impression that Germany is exceptionally cash-centric and credit-averse.
WalterBright 6y ago
> A digitally-signed (by the bank) copy of the transaction would also suffice instead of a check. You'd think, right? But the utility company said they never got it, talk to the bank, the bank said they delivered it, talk to the utility company. > Decimal places can't shift with electronic payments. When they're OCR'd, yes they can and did. I had to present an image of the check before they would fix it.
- Thorrez 6y ago
  >When they're OCR'd, yes they can and did. I had to present an image of the check before they would fix it. There was a physical check? I wouldn't call that an electronic payment.

yencabulator 6y ago

> Decimal places can't shift with electronic payments. [...] > This is all across Europe, and has been for years now. Only after living in USA for some time do you realize that many corporations here actually use cheap labor to read electronically submitted information, and then type it back into a computer. I've had my name misspelled on utility accounts where I signed up online, and damn sure did not misspell it like that. Yes, USA is stuck in the 70s.

scollet 6y ago
A mentor of mine made the point IIRC: In eastern Germany they skipped checks for cards and it catapulted their payment systems to transcend the first world payment systems within the decade. Please correct me if I'm wrong. I think great depressions in tech yield necessary solutions; necessity and invention...
- cr1895 6y ago
  I was always under the impression that Germany is exceptionally cash-centric and credit-averse.

WalterBright 6y ago

> A digitally-signed (by the bank) copy of the transaction would also suffice instead of a check. You'd think, right? But the utility company said they never got it, talk to the bank, the bank said they delivered it, talk to the utility company. > Decimal places can't shift with electronic payments. When they're OCR'd, yes they can and did. I had to present an image of the check before they would fix it.

Thorrez 6y ago
>When they're OCR'd, yes they can and did. I had to present an image of the check before they would fix it. There was a physical check? I wouldn't call that an electronic payment.