Re:People don't want to run their own bank
by scotty79 on Friday February 04, 2022 @02:03PM
(#30211364)
> Though, I think electronic payments can be a lot safer if we had a culture of push payments ("I send $123 to Amazon to purchase widgets") instead of pull payments ("here's my credit card number, have fun").
Only recently I've learned that in the USA people don't pay through bank transfers.
In Europe it's main mode of payment to give you bank account number and amount and expecting you'll make the transfer. Either directly by interacting with your bank or through payment processor which has integrations with various banks and will prepare the transfer for you and redirect you to your bank's authorization gateway.
Only recently I've learned that in the USA people don't pay through bank transfers.
In Europe it's main mode of payment to give you bank account number and amount and expecting you'll make the transfer. Either directly by interacting with your bank or through payment processor which has integrations with various banks and will prepare the transfer for you and redirect you to your bank's authorization gateway.