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Re:What Is the PCI of Bank Payments? by dogma1138 on Thursday July 30, 2020 @04:46PM (#24002673)
Are you sure you aren’t confusing a bank transfer with direct debit? DD in the US requires PAD/PAP between the debtor and the collector and is cleared through ACH regardless of the size of the account or the sum.
Re:What Is the PCI of Bank Payments? by formerly_proven on Thursday July 30, 2020 @05:02PM (#24002819)
No, what GP is saying absolutely is a thing, but not terribly common. Bosch PT Service is one of not that many companies that use it. You only give them your IBAN and check a box basically saying you authorize them to debit the money from your account.
Re:What Is the PCI of Bank Payments? by dogma1138 on Thursday July 30, 2020 @06:02PM (#24003344)
That’s how Direct Debit works all over the world, that tick is the PAD/PAP contract being signed you basically pre-approve debit requests with it.