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A comment on Visa and Mastercard agree to lower average credit card interchange fee below 1%. Parent comment

Re:Visa and Mastercard agree to lower average credit card in... by refurb on Friday May 19, 2023 @06:40AM (#35999986)
Debit is actually terrible and I've never used it. If there is an error, it your money that is gone until it's fixed.

Slightly related, I never allow direct debit from my bank account for things like utilities. It's blanket permission to take money they think they are owed. A friend had a problem with his electricity, the public utility came out, said the meter was tampered with, replaced it and charged him $1000 right from his account.

Of course they were wrong. He got the money back, two months later.

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Re:Visa and Mastercard agree to lower average credit card in... by jiggywiggy on Wednesday May 24, 2023 @04:54PM (#36063726)
Not true. It depends on how you pay. Most automatislc payments in EU are actually SEPA Payments and are much easier to revert. One click in your bank app or online, within 3 months no arguing.
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