> If you don’t live in India, it is highly likely that your bank-to-bank transactions involve giving your counterparty a code representing your bank, a number f

> If you don’t live in India, it is highly likely that your bank-to-bank transactions involve giving your counterparty a code representing your bank, a number for your bank account, and some metadata about yourself. No. It involves anyone billing me giving me their bank account (IBAN) number, and usually some reference number too, along with the amount and due date. > The Single Europe Payment Area (SEPA) offers free, instant transactions between European banks. They’re pull based; a user communicates their banking information to a business, which debits the user’s account, rather than the business communicating their banking information to the user in order to send them money. Sure, maybe that also exists -- but why would anyone accept doing it that ass-backwards way around?!? All in all, one wonders whether this guy just doesn't know what he's talking about (when it comes to Europe), or if perhaps he has some reason to outright lie. > My employer Stripe... Oh. Well, I guess that answers that, then.