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A comment on Can the Visa-Mastercard duopoly be broken?. Parent comment

Re:Can the Visa-Mastercard duopoly be broken? by PaulDavisThe1st on Wednesday August 17, 2022 @11:43PM (#32505010)
Who defines whether a payment is or is not in error? Has the USA really made me that cynical?
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Re:Can the Visa-Mastercard duopoly be broken? by martijnvds on Thursday August 18, 2022 @01:11AM (#32505549)
You (the account holder) do. Direct debits are instantly reversible for a month (maybe 2?).

You'll have to explain to the company that deducted the money why you reversed the charge though, and if it was legit after all you still need to pay them.

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Re:Can the Visa-Mastercard duopoly be broken? by Symbiote on Thursday August 18, 2022 @03:50AM (#32506584)
There's no time limit for reversing direct debit transactions.

https://www.cleardebit.com/indemnity-claims/

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Re:Can the Visa-Mastercard duopoly be broken? by lxgr on Thursday August 18, 2022 @08:18AM (#32508548)
There is. It‘s 8 weeks (for any reason including "I‘d like my money back and rather do something else with it") or 13 months (for unauthorized charges).

https://www.europeanpaymentscouncil.eu/what-we-do/sepa-direc...

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