Re:I lost €4k in a Facebook scam
by viraptor on Monday September 14, 2020 @04:32PM
(#24474802)
Direct debit is not a debit card. It's an authorisation to pull funds from your debit account as needed.
[ Parent
| on HN ]
Re:I lost €4k in a Facebook scam
by TedDoesntTalk on Monday September 14, 2020 @09:27PM
(#24477009)
If that’s what he’s doing, that’s even worse than a debit card in terms of risk and lack of protection.
It might help to read a little about how SEPA Direct Debit works. To begin, it's a European scheme, not American. Not every merchant can sign up for SEPA Direct Debit. They need another bank to be their guarantor (called your SEPA Direct Debit Creditor). When I have issues with a transaction and order a refund within 8 weeks of the transaction, I get my money back, no questions asked. I've used this to recover money from all sorts of businesses and government agencies.
The business can only dispute if I requested for my money back _after_ the 8 weeks. That's when the evidence and back-and-forth with the business comes in.