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iDEAL is truly tremendous. I keep my Dutch Neobank account just to be able to pay stuff with iDEAL. It never fails and works like a charm. Never had a failed pa

iDEAL is truly tremendous. I keep my Dutch Neobank account just to be able to pay stuff with iDEAL. It never fails and works like a charm. Never had a failed payment with it. I don't understand why Germany is incapable of implementing such an easy solution.

johannes1234321 4y ago
> I don't understand why Germany is incapable of implementing such an easy solution. Because the interpretation of cartel law and the banking structure makes that complicated. They created "giropay" which is quite complicated as a dealer has to pick a bank to contract with and they get different rates and stuff as they couldn't simply create a shared company running it or something ...
KingOfCoders 4y ago
"I don't understand why Germany is incapable of implementing such an easy solution." The main problem in Germany is that banks "for the masses" (oversimplified) are "state owned" or cooperatives. Both are organized on a city level. Both are notorious for not cooperating. Plus the state owned banks usually have politicians at the top (E.g. the major of the city the bank is in). For a system that works across Germany you would need a high level of cooperation. In the 90s when I was a Sparkasse ("state owned") customer studying in Baden Wurttemberg but having my Bank in Bavaria, I needed to go to Bavaria to get money and account statements every time, the Sparkasse in Baden Wurttemberg would not cooperate with the one in Bavaria. Not sure, it might be an outcome of federalism which is (was) a way to prevent the 4th Reich.
- hocuspocus 4y ago
  I don't really buy it, the situation in Switzerland is similar but that doesn't stop bigger banks from driving innovation. For instance if the Cash Group banks came together behind a mobile and online payment solution, the Sparkasse would need to follow suit.
hocuspocus 4y ago
I believe the Austrian equivalent is compatible with German banks, but somehow it never took off. https://bluecode.com https://bluecode.com

johannes1234321 4y ago

> I don't understand why Germany is incapable of implementing such an easy solution. Because the interpretation of cartel law and the banking structure makes that complicated. They created "giropay" which is quite complicated as a dealer has to pick a bank to contract with and they get different rates and stuff as they couldn't simply create a shared company running it or something ...

KingOfCoders 4y ago

"I don't understand why Germany is incapable of implementing such an easy solution." The main problem in Germany is that banks "for the masses" (oversimplified) are "state owned" or cooperatives. Both are organized on a city level. Both are notorious for not cooperating. Plus the state owned banks usually have politicians at the top (E.g. the major of the city the bank is in). For a system that works across Germany you would need a high level of cooperation. In the 90s when I was a Sparkasse ("state owned") customer studying in Baden Wurttemberg but having my Bank in Bavaria, I needed to go to Bavaria to get money and account statements every time, the Sparkasse in Baden Wurttemberg would not cooperate with the one in Bavaria. Not sure, it might be an outcome of federalism which is (was) a way to prevent the 4th Reich.

hocuspocus 4y ago
I don't really buy it, the situation in Switzerland is similar but that doesn't stop bigger banks from driving innovation. For instance if the Cash Group banks came together behind a mobile and online payment solution, the Sparkasse would need to follow suit.

hocuspocus 4y ago

I believe the Austrian equivalent is compatible with German banks, but somehow it never took off. https://bluecode.com https://bluecode.com