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A comment on What Is the PCI of Bank Payments?. Parent comment

Re:What Is the PCI of Bank Payments? by dogma1138 on Thursday July 30, 2020 @04:45PM (#24002653)
IBANs even in the US can only be used for transfer a direct debit doesn’t uses IBANs.

In the US a direct debit require a PAD/PAP authorization which is a binding contract and it’s cleared via ACH.

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Re:What Is the PCI of Bank Payments? by formerly_proven on Thursday July 30, 2020 @05:00PM (#24002805)
Both instant payment / transfer and direct debit work only with IBAN(+BIC) in SEPA.
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Re:What Is the PCI of Bank Payments? by dogma1138 on Thursday July 30, 2020 @06:00PM (#24003329)
Direct debit requires an authorization that’s the PAD/PAP yes it’s a click but on the backend there is a contract signed and approved, you can initiate a transfer to anyone with just an account number no approval needed.
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