News for hackers. Stuff that matters.

A comment on Fisker lost track of millions of dollars in customer payments for months. Parent comment

Re:Fisker lost track of millions of dollars in customer paym... by Talanes on Wednesday March 27, 2024 @06:39PM (#39845462)
To shed some light on why Americans kept checks for so long: I'm 33 and have never done a bank transfer. I can't even say what the flaws in our system are, because I grew up in a family where it was never considered as an option: money was sent as cash or checks only.
[ Parent | on HN ]
Re:Fisker lost track of millions of dollars in customer paym... by usr1106 on Thursday March 28, 2024 @01:05AM (#39847963)
I moved Finland 30 years ago. Checks for private customers did no longer exist at that time. (Checks for businesses reportedly still existed a couple of years.)

Since the pandemic started I have not carried a wallet (paying cash was seen as some kind anti-social behavior with high risk to infect someone) There are zero places where I would need cash. An increasing number of places does not accept cash.

For some ten years we have had international account numbers (IBAN). Transfers inside the Euro zone cost nothing (included in every basic account package) and take one banking day.

Nowadays there are several transfer apps where the transfer takes seconds or less. I am not using those because I run a Google-free Android and have root on my phone.

[ Parent | on HN ]
Re:Fisker lost track of millions of dollars in customer paym... by manuelmoreale on Thursday March 28, 2024 @01:23AM (#39848029)
I have some extra good news for you: https://www.brusselstimes.com/916540/10-second-transactions-...

Moving money using IBAN and home banking is genuinely insanely easy at this point inside the EU

[ Parent | on HN ]
Re:Fisker lost track of millions of dollars in customer paym... by miohtama on Friday March 29, 2024 @10:36AM (#39864605)
An American mind cannot comprehend what you just said.
[ Parent | on HN ]
Re:Fisker lost track of millions of dollars in customer paym... by nikita_789 on Friday March 29, 2024 @12:19PM (#39865836)
It is very convenient to send money online, but through banks it is expensive and if you use payment systems, study the question very carefully. i once got to a service that said that the transfer is free, but in the end I was charged a crazy hidden commission, so i now do not experiment and work through Arbonum for 3 years already.
[ Parent | on HN ]