5 ms·
I'm not sure about credit transfers (and things like Klarna / GoCardless), but with SEPA direct debit you supposedly can reverse any payment within 60 days, no
by notpushkin 2y ago
I'm not sure about credit transfers (and things like Klarna / GoCardless), but with SEPA direct debit you supposedly can reverse any payment within 60 days, no questions asked. Though this brings the problem the other way around – now it’s the merchant who has to trust you!
- lxgr 2y agoExactly: For the same reason that consumers are unlikely to be comfortable sending a credit transfer to an untrusted merchant, merchants are unlikely to accept direct debits from untrusted consumer.