4 ms·

There are lots of lawyers who make money just with that, never mind bankers… Of course there are provisions in place that make it easier for the banks to commu

by mhd 15y ago

There are lots of lawyers who make money just with that, never mind bankers… Of course there are provisions in place that make it easier for the banks to communicate, as this is in the interest of the banks themselves. That doesn't instantly revoke every odd tax law that came up in each country over the course of a few hundred years of financial history… Yes, it's possible for me to wire money to anyone in Europe, if I run through a few hoops. And, well, it's not that much harder to wire it to the US or Nigeria. That doesn't mean that this is the approach you want to take with a customer. You want to make it as easy as possible for the customer to give you money, so it would be great if you'd accept the preferred way to do that in his native country. And as I wrote above, not everybody's preferred way is via credit cards. Never mind that there's still a number of different currencies… The EU (and esp. the Euro) made it much easier. That doesn't mean it's easy.

ch2500 15y ago
Wiring money to anyone in the EU _is_ easy now. Might not be the case for UK people because they still need to deal with foreign currencies ;)
- mhd 15y ago
  I can't remember seeing a web shop that does IBAN/SWIFT transfers (apart from one or two small-time ebay sellers). I pay via wire transfer all the time within Germany, but outside it's credit card or paypal (and even the latter quite often requires a credit card transfer for that). It's not a big deal for corporate / professional deals with largers sums, i.e. a monthly €49 subscription. But if you're running some kind of browser game and want to get one-time €2.99 payments, you'll have to deal with a rather different demographic. Have yet to see an internatinal (at least pan-European) service that provides a good solution for that. Most of the time you have to cobble it together from all different local providers, and a lot of them look quite fishy to me (and that's saying something in that market).

by mhd 15y ago

ch2500 15y ago

Wiring money to anyone in the EU _is_ easy now. Might not be the case for UK people because they still need to deal with foreign currencies ;)

mhd 15y ago
I can't remember seeing a web shop that does IBAN/SWIFT transfers (apart from one or two small-time ebay sellers). I pay via wire transfer all the time within Germany, but outside it's credit card or paypal (and even the latter quite often requires a credit card transfer for that). It's not a big deal for corporate / professional deals with largers sums, i.e. a monthly €49 subscription. But if you're running some kind of browser game and want to get one-time €2.99 payments, you'll have to deal with a rather different demographic. Have yet to see an internatinal (at least pan-European) service that provides a good solution for that. Most of the time you have to cobble it together from all different local providers, and a lot of them look quite fishy to me (and that's saying something in that market).