Re:Bank transfers as a payment method
by raverbashing on Saturday November 27, 2021 @02:09AM
(#29358220)
SEPA goes both ways, as opposed to what the article says
It goes in the "direct debt" way as described, so your electricity or broadband supplier can charge you every month automatically
But you can also "push" a payment to someone else (or yourself, of course)
Not sure about fraud, from what I know, everyone that does a direct debt has an identifier that can be revoked in case of fraud. So it can happen, but there are ways to block fraudulent chargers.
It goes in the "direct debt" way as described, so your electricity or broadband supplier can charge you every month automatically
But you can also "push" a payment to someone else (or yourself, of course)
Not sure about fraud, from what I know, everyone that does a direct debt has an identifier that can be revoked in case of fraud. So it can happen, but there are ways to block fraudulent chargers.