Re:German cartel office initiates proceedings against PayPal
by lxgr on Tuesday January 24, 2023 @11:17AM
(#34505590)
Not in Germany. Many large issuers still only provide debit cards that can only be used in stores and for cash withdrawals (Maestro or VPAY), and some even only domestically at that (Girocard).
PayPal fills exactly that gap for many merchants (by supporting SEPA Direct Debit, which is ubiquitous but has effectively no fraud controls or online amount pre-authorization).
PayPal fills exactly that gap for many merchants (by supporting SEPA Direct Debit, which is ubiquitous but has effectively no fraud controls or online amount pre-authorization).