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Re:Bank transfers as a payment method by andrewshadura on Saturday November 27, 2021 @01:58AM (#29358175)
The article misrepresents how direct debit works. Just having your bank details is absolutely not enough to initiate a transfer: the user must confirm it by issuing so called direct debit mandate. This mandate usually has a limit on the amount, and can be revoked at any time. Also, the business faces penalties for repeated failed transfers.

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