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I see a lot of potential for the EU* to mandate an API that each company offering software or service subscriptions would have to implement. The goal being that
by Cockbrand 4y ago
I see a lot of potential for the EU* to mandate an API that each company offering software or service subscriptions would have to implement. The goal being that every end user can have a central point where they could see all their subscriptions and cancel them at any point in time.
* or any other powerful government body
- ecedeno 4y agoI don't know the details behind it, but I can already cancel all of my subscriptions through an app (Grip) my Dutch bank (ABN AMRO) provides
- Cockbrand 4y agoAh, it's great that this exists! Can you give us a quick explanation how that works?
- ecedeno 4y agoMost subscriptions here are paid via direct debit, which the app detects and groups under a "fixed expenses and subscriptions" category. If the charge is considered a subscription, they let you fill a generic form with some details about yourself (i.e. Address, Email, Phone, CustomerID ...) to request it be cancelled. I reckon the bank(s) requires payment providers to handle this as part of the integration for recurrent debit authorizations.