4 ms·

Do you mean debit cards? With very few exceptions, you can't pay with direct debit in-store, and for online payments at merchants that don't know/trust you yet

by lxgr 4mo ago

Do you mean debit cards? With very few exceptions, you can't pay with direct debit in-store, and for online payments at merchants that don't know/trust you yet as a customer it's also pretty uncommon.

throwaway270925 4mo ago
What are you talking about? When have you last been to Europe!? Of course you can pay with debit cards all over Europe, every card terminal accepts them! Online the same, you just use your card details like a credit card, the payment system is the same for years now anyway - thats the whole point of initiatives like this digital euro and Wero!
- AnssiH 4mo ago
  Direct debit is not the same as debit card. You can pay in physical stores with debit card but not with direct debit (which does not involve a card at all).
  - lxgr 4mo ago
    Yes, that's what I was getting at. As a side note, in some countries, it is actually possible to initiate a direct debit at the POS (since cards sometimes contain enough information to recover the IBAN, mostly for historical reasons), but this has significant risks for the merchant and is usually not worth the hassle as debit card fees are very low anyway.
- lxgr 4mo ago
  What number are you entering online? If it's not an IBAN but something starting with a 4 or 5, you're very likely using Visa or Mastercard, or possibly a domestic scheme. This is not the same thing at all as a direct debit, which nowadays runs on SEPA Direct Debit rails. The Digital Euro does not exist yet, and Wero is yet another scheme (settling via SEPA instant credit transfers, I believe, but that's more of an implementation detail and doesn't change the fact that it is its own scheme with its own rules).
BlueTemplar 4mo ago
Yeah, it's uncommon, but bank wire does exist, and while (like cheques) it's typically used for paying rent / utilities / sending money to non-businesses, it does seem to become more common since it was improved to be 'instant' ?

by lxgr 4mo ago

throwaway270925 4mo ago

What are you talking about? When have you last been to Europe!? Of course you can pay with debit cards all over Europe, every card terminal accepts them! Online the same, you just use your card details like a credit card, the payment system is the same for years now anyway - thats the whole point of initiatives like this digital euro and Wero!

AnssiH 4mo ago
Direct debit is not the same as debit card. You can pay in physical stores with debit card but not with direct debit (which does not involve a card at all).
- lxgr 4mo ago
  Yes, that's what I was getting at. As a side note, in some countries, it is actually possible to initiate a direct debit at the POS (since cards sometimes contain enough information to recover the IBAN, mostly for historical reasons), but this has significant risks for the merchant and is usually not worth the hassle as debit card fees are very low anyway.
lxgr 4mo ago
What number are you entering online? If it's not an IBAN but something starting with a 4 or 5, you're very likely using Visa or Mastercard, or possibly a domestic scheme. This is not the same thing at all as a direct debit, which nowadays runs on SEPA Direct Debit rails. The Digital Euro does not exist yet, and Wero is yet another scheme (settling via SEPA instant credit transfers, I believe, but that's more of an implementation detail and doesn't change the fact that it is its own scheme with its own rules).

BlueTemplar 4mo ago

Yeah, it's uncommon, but bank wire does exist, and while (like cheques) it's typically used for paying rent / utilities / sending money to non-businesses, it does seem to become more common since it was improved to be 'instant' ?