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Re:Talos II by pedrocr on Tuesday August 08, 2017 @09:28AM (#14957581)
>There are alternatives that are cheaper and work just as fine.

Do you have an example? Debit cards have very similar cost structures, cash is more expensive to handle.

Re:Talos II by madez on Tuesday August 08, 2017 @10:27AM (#14958053)
Lastschrift works fine for me.
Re:Talos II by pedrocr on Tuesday August 08, 2017 @11:31AM (#14958855)
And you can use that to buy goods online? Direct debit is usually used for recurrent billing. In Portugal there's a way to use a similar system for online purchases by generating a code that you then have to use in an ATM or online banking. It makes for a pretty poor customer experience when purchasing and I doubt it's actually cheaper these days than debit/credit payment processing.
Re:Talos II by CrystalGamma on Tuesday August 08, 2017 @02:02PM (#14960635)
Amazon certainly accepts payments that way. And many other online retailers offer GiroPay, which I think is a payment method based on SEPA Credit Transfer. I don't know about the cost structure of that one.