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Re:Site requests bank logins for online purchases by thesimon on Thursday November 17, 2016 @04:56AM (#12976017)
> instead of implementing their own universal system that undercuts Sofortüberweisung's merchant fees (0.9% + €0.25 per transaction) is beyond me.

Well, they are trying with wasting 300 millions so far on Paydirekt.

Their rates are still over credit cards though...

Re:Site requests bank logins for online purchases by atomwaffel on Thursday November 17, 2016 @08:42AM (#12977301)
Oh right, thanks! It seems they're such a strong competitor that I've never even heard of them. And they still support nowhere near as many banks as Sofortüberweisung, although I appreciate that these things take time (and there are a lot of banks in Germany).