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.
[ Parent
| on HN ]
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.