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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 akrymski on Thursday August 18, 2022 @11:53AM (#32511314)
1. It's easy to setup a company 2. There's no validation that the direct debit is being setup by the account owner
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Re:Can the Visa-Mastercard duopoly be broken? by vimy on Thursday August 18, 2022 @02:04PM (#32512928)
1. It’s a bureaucratic mess. And scammers will also need to deal with the bank first. 2. With a paper form they need your autograph and other ID data. Or when it’s digital you need to authorize the request with your banking app.
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Re:Can the Visa-Mastercard duopoly be broken? by akrymski on Monday August 29, 2022 @10:22AM (#32638639)
In the UK it's £10 to register a company online in minutes.

Direct debit instructions require nothing beyond a name and account number.

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