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That's how it works in Europe (SEPA mandate) and it doesn't appear to be a problem. In Germany, very few people have credit cards, and mostly for online purcha
by lima 4y ago
That's how it works in Europe (SEPA mandate) and it doesn't appear to be a problem.
In Germany, very few people have credit cards, and mostly for online purchases. Everything else is done via direct debit. Fraudulent charges can be reversed just like a CC payment.
- mhrmsn 4y agoAre you talking about the Girocard (EC-Karte) system? Because there's also a lot of direct debit cards around that are all Mastercard/Visa branded. It's true though that using "real" credit cards is relatively uncommon.
- lima 4y agoYes, Girocard. Much lower fees. EC card is actually an older system that isn't really used anymore but the name stuck :-)
- n_ary 4y agoI think, I am living in different Germany, as for last 4-5 years, I only see oma/opa paying in cash. Everyone else carries one form or another of EC Karte or Debit Master/Visa. I rarely see some Gebuhrenfreis now and then, but most people have somekind of Debit ones. Even certain kebab/doner shops located near bahnhofs now accept cards, but inner area ones are still cash-only. Most asian shops are generally cash-only sadly.